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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As it happened: Stocks rise on Iran peace hopes; Asda and Ocado deal

May 29, 2026

Good morning and welcome back to the City AM liveblog. After investors kicked into sell-off mode on Thursday amidst spiking tensions as the US and Iran exchanged strikes, attention is quickly turning back to hopes of a peace deal this morning. US and Iranian negotiators are reported to have reached an agreement on a 60-day [...]
Nationwide accused of picking ‘unfair fight’ with member board candidate

May 28, 2026

Nationwide has been accused of picking an “unfair fight” with one of its members who has sought to clinch a seat on the building society’s board. The mutual has opted not to recommend the candidacy of James Sherwin-Smith, who is running to be the first member to take a seat on Nationwide’s board in nearly [...]
Family-owned Tottenham brewer falls into administration as industry pressures mount

May 28, 2026

A beloved family-owned Tottenham brewery that was a key player in London’s craft beer renaissance has fallen into administration amidst mounting cost pressures on the industry. Redemption Brewing Company, which was the first commercial brewery to open in Tottenham in nearly 100 years, is officially listed on the formal register of new insolvency appointments as [...]
Jamie Dimon opens door to a $20bn JP Morgan takeover

May 28, 2026

Jamie Dimon has kicked the door open to the prospect of JP Morgan completing a major takeover that would shake-up the global banking landscape. The Wall Street boss raised the idea of the bank spending as much as $20bn (£15bn) as it looks to capitalise on the freed up capital from deregulation reforms. “I do [...]
As it happened: Stocks plummet on latest Iran war tensions; Neets crisis a ‘human tragedy’

May 28, 2026

Good morning and welcome back to the City AM liveblog. The US and Iran are back to exchanging fire in a major blow to hopes of peace in the Middle East. Tehran struck an American airbase overnight in its retaliation for the US striking a military site that it said “posed a threat to US forces [...]
Monzo goes mobile: UK fintech debuts cell service in tie-up with Virgin Media O2

May 28, 2026

Monzo is set to launch its mobile service this summer in the firm’s latest play at diversifying its income from its traditional digital banking roots. The London-based fintech has sealed a tie-up with Virgin Media O2 and 1Global to kick off ‘Monzo Mobile’ – a phone plan and e-sim offering. Virgin will provide the UK [...]
Greencore shares slide as M&S sandwich supplier counts cost of Bakkavor takeover

May 27, 2026

Food manufacturer Greencore counted the cost of its mammoth deal with rival Bakkavor as integration expenses plunged the firm to a loss in the first half of the year. The FTSE 250 firm – which is a supplier to countless supermarket giants including Tesco, Sainsbury’s and M&S – was weighed down by upfront costs associated [...]
As it happened: US-Iran peace hopes sends oil lower; Brits handed energy price cap blow

May 27, 2026

Good morning and welcome back to the City AM liveblog. Global markets were able to take the new developments in the Middle East in their stride on Tuesday amid hopes a peace deal was on the horizon. The FTSE 100 ended the day in the green and despite some choppy trading oil prices eased. This [...]
15m workers not ‘sufficiently’ saving for retirement, says top pensions chief

May 27, 2026

Tens of millions of working people will face a crisis in retirement with the current automatic salary contribution “no longer sufficient,” the boss of one of the UK’s largest pension providers has warned. Around 15 million people are set to suffer in retirement as workers use their automatic eight per cent auto-enrolment pension contribution as [...]
Moneybox profit slides as wealth manager bets on ‘high levels of automation’

May 27, 2026

Moneybox saw its profit slide by nearly a quarter in the last year as the wealth manager invested “heavily” in new technology and bet on “high levels of automation”. The London-based fintech notched its third consecutive year of profitability but faced a 23 per cent drop in its pre-tax takings at £14.9m by the end [...]

‘Very concerned’: City watchdog scolds motor finance lenders over £9bn redress scheme

Dallas, Boston, New York New Jersey: Inside England’s Fifa World Cup stadiums

Glengarry Glen Ross at the Old Vic fails to close

By: Samuel Norman

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