By: Samuel Norman

City Reporter Samuel is a City Reporter for City AM covering banking, fintech and more across the City. He is a gold-standard NCTJ qualified journalist who's previously worked at the Daily Mail and Sky News. He can be contacted at samuel.norman@cityam.com and posts at x.com/samnormanwrites.

All 1049 Articles

Bank of England: Global crisis ‘alarm bells’ in private credit

October 21, 2025

The Governor of the Bank of England has warned of “alarm bells” in the private credit market as he cautioned of consequences parallel to the 2008 global financial crisis. Andrew Bailey told lawmakers on Tuesday the collapse of US car parts maker First Brands and auto-dealership Tricolor could be “the canary in the coalmine” as [...]
Analysts dampen outlook for FTSE 100 banks as tax clouds gather

October 21, 2025

The UK’s top banks are gearing up for a third-quarter reporting season where all eyes will be on the Labour government’s second Autumn Budget. Speculation of a bank tax hike has dominated chatter around the sector in recent months and elevated fears across the City. It also comes alongside flaring tensions between the lending industry [...]
HSBC shares jump after naming top Natwest boss as new UK chief

October 21, 2025

European banking juggernaut HSBC enjoyed a bump in its share price as markets opened on Monday after the bank named its new UK boss. David Lindberg, who most recently led retail banking operations at Natwest, will join the FTSE 100 titan to take the helm at its UK bank. Shares jumped near two per cent [...]
FTSE 100 Live: Public borrowing jumps, Coca Cola £2bn takeover

October 21, 2025

Good morning from the City AM liveblog team. The London listings revival is gathering pace as prize draw operator Winvia today confirmed plans for an initial public offering (IPO) in the capital. The Omaze rival is set to list on London’s junior AIM market, seeking to raise around £40m from the sale of new shares [...]
Secure Trust Bank, Bank of Ireland up motor finance provisions

October 20, 2025

Secure Trust Bank and the Bank of Ireland have added themselves to a growing list of businesses upping their provisions ahead of a flurry of claims expected in connection with the motor finance scandal. Following the publication of the UK finance watchdog’s review into the saga, Secure Trust Bank said it had more than tripled [...]
Fintech industry takes aim at ‘logic-defying’ banking watchdog

October 20, 2025

The industry body for UK fintech will today take aim at the banking watchdog in a scathing report that will blast “logic-defying” regulation. A fresh report from Innovate Finance, seen by City AM, will accuse the Prudential Regulation Authority’s (PRA) of “excessive” requirements that create an “uneven playing field for UK challenger banks, placing heavy [...]
Autumn Budget: Wealth tax would drive £100bn out of UK economy

October 16, 2025

Rachel Reeves is facing renewed calls to rule out any form of wealth tax in the Autumn Budget with concerns such a move would drive £100bn out of the UK economy. The Chancellor confirmed on Wednesday higher taxes on the nation’s wealthiest would be a “part of the story” in the Budget. But fresh research [...]
Rachel Reeves: Higher taxes on wealthy ‘part of story’ for Budget

October 16, 2025

Rachel Reeves has confirmed a tax grab on the UK’s wealthy will be “part of the story” for her forthcoming Autumn Budget as she dismissed critics who fear an exodus from the nation’s richest. The Chancellor has faced rallying calls to launch a cash grab on the wealthy as she looks to strum up funds [...]
FTSE 100 Live: GDP ‘stumbles’ to end of year, Premier Inn owner’s earnings dip

October 16, 2025

Good morning from the City AM liveblog team. Amid all the doom and gloom, it was a moment to cheer for bankers in the Square Mile yesterday. Rules governing bonuses are getting relaxed, which could lead to a tastier payout come the new year. The new rules will allow part-payment of bonuses for the most [...]
Autumn Budget: Reeves must focus on growth, not ‘gimmicks’

October 16, 2025

Ahead of the Autumn Budget, City Reporter Samuel Norman sits down with top industry names for a Budget Briefing. This week, the chief executive of founders club Helm calls for bold innovation policies took take centre stage. Chancellor Rachel Reeves should use her second Autumn Budget to make bolder swings for the UK’s innovation economy [...]

Why Natwest splashed the cash for a slice of the wealth management pie

LIV Golf open to PGA resolution and in talks over team sales, says president

Wuthering Heights is a bodice-ripper for the OnlyFans generation

By: Samuel Norman

All 1049 Articles

Subscribe