By: Samuel Norman

Senior City Reporter Samuel is a Senior City Reporter covering all the top financial institutions from retail banks to fintechs as well as stories on capital markets and economics. He has broken stories on some of the biggest names in the City and regularly writes in-depth analysis pieces on companies and industry trends. Samuel also leads on City AM's morning liveblog from 7am everyday. He writes a weekly column found in print and online on Wednesdays. He can be contacted at samuel.norman@cityam.com and posts on LinkedIn and X at x.com/samnormanwrites.

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As it happened: FTSE 100 gains; oil rises despite Trump’s Russian diesel deal

October 12, 2026

Welcome back to City AM‘s FTSE 100 live blog. The UK’s blue-chip index is set to make gains on Monday morning, picking up where Friday’s rally left off. Oil prices fell in early trading, as Brent crude – the international benchmark for oil – dipped below $104 per barrel following President Trump’s plans to import [...]
City finance jobs shrink as Budget fears add to cautious mood

October 12, 2026

Finance jobs in London shrunk in September as employers weighed up the raft of economic pressures and uncertainty around the forthcoming Budget. City vacancies tumbled 30 per cent to 1,200 by the end of the third quarter, compared with 1,719 in July at the start of the three-month window according to recruiter Morgan McKinley. Jobs [...]
City minister insists capital markets reform ‘not a job done’

October 11, 2026

A top Treasury minister has opened the door to further capital markets reforms after saying the government’s job was not done in improving listing incentives. Lucy Rigby, who serves as the economic secretary to the Treasury, otherwise known as City minister, told City AM the government was “continually looking for ways that we can ensure [...]
Palantir’s Tom Watson warns Labour against ‘mob rule’ on procurement

October 9, 2026

Former Labour deputy leader and top Palantir executive Tom Watson has warned his party could face “trouble” if they bow to “mob rule” on procurement procedures. Lord Watson, who became a senior vice president at the US tech giant in September, said Palantir is “very targeted by the people that are targeting Israeli companies”. Watson [...]
City chiefs warn Healey bank tax hike could drive businesses out of UK

October 9, 2026

Top finance industry chiefs have warned the Chancellor that hiking taxes on the banking sector in the forthcoming Budget could drive businesses and capital out of the UK. Bosses of the City’s biggest industry bodies – including UK Finance, TheCityUK and the CBI – have written to John Healey calling for him to avoid raising [...]
Revolut boss says US primary listing was ‘always the target’

October 9, 2026

The boss of Revolut has said a primary listing in New York was “always” the company’s top goal, in a snub to the London Stock Exchange after a years-long charm offensive. Nik Storonsky, the founder and chief executive of Revolut, said a primary listing in the US was “always the target, given the deep liquidity [...]
Airtel Money shares muted in biggest London IPO in five years

October 9, 2026

Airtel Money shares were muted after the firm it kicked off trading on the London Stock Exchange in the largest initial public offering in the City for five years. The mobile payments firm has priced its shares at £1.96 apiece, which hands it a price tag of around £5.3bn. Existing shareholders, which include the Qatar [...]
As it happened: FTSE 100 rallies as oil falls back after Trump’s Iran war pledge

October 9, 2026

Welcome back to the City AM liveblog. Donald Trump has said the US has engaged in “productive discussions” with Iran and would refrain from attacking the country before the midterm elections, bringing relief to the oil market. It’s taken the price of Brent crude back slightly, though it has remained around $103 per barrel after [...]
MFS founder accuses administrators of ‘internecine warfare’

October 8, 2026

The founder of collapsed shadow bank MFS has accused administrators of “internecine warfare” and harassment as the firm’s creditors fight to unlock billions of pounds in frozen funds, City AM can reveal. Paresh Raja, the chief executive of Market Financial Solutions who has denied claims he siphoned “vast sums” from the mortgage firm, has asked [...]
Interest rate fears dampen UK house buying demand

October 8, 2026

Brits held off inquiring about buying new homes last month as fears over higher mortgage rates dampened the market. Housing demand dropped in September, according to a survey from the Royal Institution of Chartered Surveyors (RICS), which found that 22 per cent of property professionals saw buyer inquiries fall last month. That figure was up [...]

FTSE 100 Live: Stocks to rise as market digests ‘do no harm’ Budget

MPs call for free-to-air Rugby League World Cup matches

Watching my first Budget: An idiot’s blow-by-blow account

By: Samuel Norman

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