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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Top boss at UK’s largest property fintech ousted for non-financial misconduct

April 23, 2026

A top executive at the UK’s largest property fintech has been ousted following allegations of non-financial misconduct, City AM has learnt. Hugo Davies, the former chief capital officer at Lendinvest, is understood to have been dismissed from the company after a whistleblower penned a letter to the chair of the company, along with the City [...]
Motor finance: City watchdog faces legal battle over £9bn scheme

April 22, 2026

The City watchdog is set to face a legal challenge to its motor finance redress scheme after being accused of leaving motorists “out of pocket”. The Financial Conduct Authority (FCA) revealed its highly-anticipated £9.1bn scheme at the end of March, which cut the headline bill for lenders from £11bn. But Consumer Voice – a group [...]
Barclays sweetens mortgage deals as interest rate decision takes focus

April 22, 2026

Barclays has become the latest bank to wade into the flurry of mortgage rate cuts as lenders turn their attention to next week’s interest rates decision. The FTSE 100 giant cut rates across more than 20 mortgage products from Wednesday morning. It follows on from a slew of reductions from the likes of HSBC UK, [...]
FTSE 100 Live: Stocks jitter as inflation surges; Trump extends ceasefire

April 22, 2026

Good morning and welcome back to the City AM liveblog. Inflation has surged this morning follow the outbreak of war in Iran. Fresh figures from the Office for National Statistics (ONS) has shown the consumer price index rose by 3.3 per cent in the 12 months to March 2026. That’s up from three per cent [...]
Inside the fintech industry’s pensions gambit

April 22, 2026

The fintech industry are on the offensive and in this week’s column Samuel Norman gives an insight into the sector’s lobbying calls for pension fund allocation. London has found itself brought to a halt this week. One may have thought the Tube strikes would bring Square Mile to a standstill, too. But the lack of [...]
Barclays and Lloyds picked for City watchdog’s AI live testing

April 21, 2026

Barclays has joined the second cohort of firms selected by the UK’s financial watchdog to get a safe run at testing AI as banking giants battle to bulk up their tech capacity. The FTSE 100 constituent will join its peer Lloyds Banking Group – which will be represented by its subsidiary Scottish Widows – as [...]
City minister: Tax regime ‘sends a message’ to fintech IPO prospects

April 21, 2026

The City minister has said the tax regime “matters” for how the UK can strengthen capital markets as part of its bid to lock down the next cohort of listing candidates. Lucy Rigby, economic secretary to the Treasury, said the government was looking to build on the “historical success of our capital market” as it [...]
S&U takes ‘Margaret Thatcher’ approach as profit swells

April 21, 2026

Specialist lender S&U recorded a major bump to profit in the last year as the bank said it was following the teachings of former Prime Minister Margaret Thatcher. The London-listed bank – which was founded in 1938 and once known as Sports and Utilities – posted a pre-tax profit of £31.8m in the year ending 5 [...]
FTSE 100 Live: Stocks flat as Trump’s deadline looms; Job vacancies shrink; Primark gets spin-off

April 21, 2026

Good morning and welcome back to the City AM liveblog. New unemployment figures this morning have showed an unexpected twist where the joblessness rate slipped under the five per cent mark. But this was accompanied by a blow to the market with the number of vacancies fell by an estimate of 29,000 in the three [...]
Revolut’s blockbuster IPO is two years out, says Nik Storonsky

April 20, 2026

The boss of Revolut has ruled out a public listing for the next two years in a move that extends the Treasury’s timeline to shore up one of Europe’s most-desired IPO prospects. Nik Storonsky, the straight-talking founder of Revolut, said a public debut was “two years away”. “We’re a bank, and for a bank, it’s [...]

Has Fifa quietly made mandatory release clauses the future of football transfers?

Has Fifa quietly made mandatory release clauses the future of football transfers?

The best places to eat sandwiches in Lisbon, from bifanas to pregos

By: Samuel Norman

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