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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UK has ‘lost control’ of its international narrative, says Barclays

June 2, 2026

Barclays has laid bare the investment barriers facing the UK in a new report that states the nation has “lost control of its international narrative” leading to an impact on foreign capital. The banking giant has called for a drastic shake-up of how the UK attracts international capital, following its share narrowing to seven per [...]
No ‘capacity’ for Ed Miliband’s warm homes plan, says British bank boss

June 2, 2026

A UK banking chief has warned the government does not have the “capacity” to meet its ambition to transition millions of homes to low carbon-heating technologies. Nigel Terrington, the boss of specialist lender Paragon Bank, said Labour faced an “operational capacity constraint” in its bid to implement its warm home plan. The £15bn initiative, which [...]
As it happened: Stocks shrug off stalling Iran peace talks; OBR warns Reeves

June 2, 2026

Good morning and welcome back to the City AM liveblog. Markets were rocked yesterday after reports emerged from Iranian state media that Tehran was pulling out of peace talks with the US. A proposal that included a 60-day cessation of violence and a play to re-open the Strait of Hormuz has hung in the balance [...]
‘Be more Trumpian’ – Mandelson discussed dire economy and ‘lack of verve’ with key Starmer ally

June 1, 2026

One of Keir Starmer’s closest allies hit out at Downing Street’s thinking on economic policy as he complained about the government’s push to tax people to pay for more benefits, the latest Mandelson files have revealed. Pat McFadden told Peter Mandelson in May last year that meetings he attended centred on questions about hiking taxes [...]
Number of claims management firms halves after FCA clampdown

June 1, 2026

The number of claims management firms authorised by the UK’s financial watchdog has nearly halved since the beginning of the decade after the regulator “raised the bar” for firms in the sector. A Freedom of Information request by financial services consultancy Broadstone revealed 483 claims management companies (CMCs) operate in the sector, compared with 942 [...]
Wise shares plummet as money transfer firm faces fraud investigation

June 1, 2026

Shares in money transfer firm Wise have plummeted this morning as the fintech faces an investigation over allegations its accounts have been used for criminal activity. Prosecutors in Belgium opened an investigation last year after discovering Wise accounts had been flagged in hundreds of international criminal requests that spanned over 30 European countries. The transactions [...]
Easyjet fires back at ‘highly opportunistic timing’ as Castlelake weighs takeover bid

June 1, 2026

Easyjet has fired back at speculation of a takeover, after reports emerged that private credit firm Castlelake was weighing a bid. The budget airline said it notes the “highly opportunistic timing” of a potential offer as it asserted its share price is “temporarily depressed due to the current situation in the Middle East and its [...]
As it happened: FTSE 100 plunges as Iran pulls out of US peace talks; Mandelson files released

June 1, 2026

Good morning and welcome back to the City AM liveblog. Oil has nudged a touch higher to $93 per barrel this morning as uncertainty continues to cloud any prospect of a peace deal in the Middle East. The latest peace proposal between the US and Iran was said last week to be awaiting on the [...]
Fintech firms grew four times faster than traditional banks in 2025

June 1, 2026

The explosive growth of the global fintech sector continued in the last year, drastically outpacing its incumbent rivals but faced a challenge in cementing its market share. Fintech firms’ average growth rate was four times faster than that of traditional financial services at an average of 22 per cent in BCG’s Global Fintech Report 2026. [...]
Can Newcastle go posh? Our honest review of city’s first five-star hotel

May 29, 2026

In a far cry from the late noughties zeitgeist of Geordie Shore, Hotel Gotham offers a fresh brand of sexy that differentiates Newcastle from its MTV days. Once famous as the hangout for characters from that reality show, like Scotty T and Gary ‘the parsnip’ Beadle, Newcastle has quietly been building a higher-end repertoire of [...]

The devastating prognosis for the UK’s public finances

Miami heat: Why climate could be key in 40C England v Norway World Cup quarter-final

I was on the Goodyear blimp above London – here’s what it was like

By: Samuel Norman

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