By: Samuel Norman

Senior City Reporter Samuel is a Senior City Reporter covering banking and fintech as well as stories on capital markets and economics. He also leads on City AM's morning liveblog from 7am everyday. He has previously written for the Daily Mail and The i Paper and worked for Sky News as an election stringer. He enjoys writing in-depth analysis of major blue-chip firms and start-ups and also industry trends. He can be contacted at samuel.norman@cityam.com and posts on LinkedIn and X at x.com/samnormanwrites.

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Monzo shareholders plotting chair coup after top boss was ousted

December 17, 2025

A group of Monzo shareholders are plotting a coup to oust the chair of the fintech following the shock exit of chief executive TS Anil. The investors, which include venture capital firms Accel and Iconiq, have strapped up with lawyers as they lobby to reinstate Anil, who is set to be replaced by ex-Google executive [...]
Paddy Power Betfair to pay £2m after failing to protect users

December 17, 2025

Paddy Power Betfair is set to pay £2m to the gambling watchdog as part of a regulatory settlement after failing to protect users who showed concerning betting behaviours. The Gambling Commission said a compliance assessment last year revealed lapses in social responsibility from Paddy Power falling short of requirements. PPB Entertainment, PPB Counterparty Services, Betfair [...]
FTSE 100 Live: Inflation eases more than expected ahead of rate decision

December 17, 2025

Good morning and welcome back to the City AM liveblog. We’ve had the latest inflation data this morning, which has shown the consumer price index (CPI) rose by 3.2 per cent in the 12 months to November 2025. This eased from 3.6 per cent in October 2025. It also beats figures pencilled in by economists, [...]
Paypal becomes latest fintech to capitalise on Trump’s deregulation

December 16, 2025

Paypal has its sights set on acquiring a banking licence in the US as it becomes the latest fintech aiming to jump on President Donald Trump’s deregulatory agenda. The payments giant on Monday said it had submitted applications to the Utah Department of Financial Institutions and the Federal Deposit Insurance Corporation to form Paypal Bank. [...]
FCA: Motor finance lenders ‘very focused’ on negatives of redress

December 16, 2025

The boss of the UK’s financial watchdog has taken a swipe at motor finance lenders that are begrudged with the regulator’s redress scheme, stating they are “very focused” on the negatives. In a session with the Treasury Select Committee, Nikhil Rathi, chief executive of the Financial Conduct Authority (FCA) opened the door to changing the [...]
Monzo boss was ‘pushed out’ over IPO dispute

December 16, 2025

The boss of digital bank Monzo is said to have been pushed out from the top role following a dispute with the company’s board over a potential stock market listing. TS Anil, Monzo’s chief executive of the last five years, is said to have been at odds with the fintech’s board ahead of his surprise [...]
Monzo snaps up UK mortgage broker in first major acquisition

December 16, 2025

UK fintech Monzo has made its first major acquisition with a deal to snap up a digital mortgage broker in a bid bulk up its “all-in-one” superapp. The digital bank announced on Friday it had snapped up Habito, a fintech firm which uses tech to accelerate the home-buying process with free online advice. The deal [...]
Global recruiter SThree hit by ailing UK jobs market

December 16, 2025

Global recruiter SThree has felt the pinch of the deteriorating UK jobs market with the region becoming the group’s worst performing large market. The consultancy – which specialises in connecting workers in science, tech engineering and mathematics with companies in need of staff – recorded a 26 per cent slump in fees in the UK [...]
FTSE 100 Live: Ofwat £11m fine; Unemployment at four-year high

December 16, 2025

Good morning and welcome back to the City AM liveblog. We received another gloomy snapshot of the economy ahead of the ever-important Bank of England rate decision on Thursday. New unemployment data showed another blow for the Labour government, which has denied that its policies have had an on the ailing jobs market. The UK [...]
Starling revs up Engine with City hiring spree

December 16, 2025

Starling is motoring into 2026 with its foot firmly on the pedal, injecting a fresh pump of gas into the group’s technology arm. The UK fintech veteran is planning to shift its software-as-a-service (Saas) banking platform into top gear with a major hiring spree across London. The platform, known as Engine, is a subsidiary of [...]

War of words erupts after Saba wins trust shareholder showdown

Leeds United investor buys stake in Spanish giants Atletico Madrid

The Crime Lord: Peter Capaldi on the manosphere, London and rocking out with his band as he approaches 70

By: Samuel Norman

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