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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.

All 1396 Articles
  • UK payments stuck with ‘bolted on’ European regulation, says PSR boss

    February 2, 2026

    The boss of the UK’s payments regulator has said the body’s consolidation with the City watchdog will allow it to ditch overhanging red tape from Europe. David Geale, who heads up the Payments System Regulator (PSR) and leads on payments at the Financial Conduct Authority (FCA), said: “There are bits of payments regulation that have [...]

  • Mandelson to Epstein: JP Morgan should ‘threaten’ UK over banker tax

    February 2, 2026

    Lord Peter Mandelson told Jeffrey Epstein that the boss of banking giant JP Morgan should “mildly threaten” the UK Treasury over a tax on banker bonuses whilst the peer was serving as business secretary. New bombshell revelations in the latest drop of the Epstein files by the US Department of Justice showed Mandelson, who worked [...]

  • Fitzwalter backs off Auction Tech after hostile bidding campaign

    February 2, 2026

    Investment giant Fitzwalter has backed off Auction Technology Group after a hostile campaign between the two led to 13 different takeover attempts of the latter. The London-headquartered said on Monday ATG’s Board had unanimously rejected its proposed offer of 400 pence per share. The offer sat above the UK market median for similar cash transactions [...]

  • FTSE 100 Live: Miners lead stock fall as gold rout deepens

    February 2, 2026

    Good morning and welcome back to the City AM liveblog. There’s one big event the City is looking towards this week but all signs point to zero surprises. On Thursday, the Bank of England’s monetary policy committee will meet for the first time this year and decide whether to take the chop to interest rates. [...]

  • ‘Absolutely bonkers’: Labour minister hits back at Trump’s criticism of China trade

    January 30, 2026

    A Labour minister has hit back at comments from President Donald Trump that trading with China was “very dangerous” for the UK. Sir Chris Bryant, who has served as trade minister since September 2025, said it would be “absolutely bonkers” for the UK not to do business with China. “You have to challenge China on [...]

  • FTSE 100 Live: Gold rally eases; Trump warns UK on China trade

    January 30, 2026

    Good morning and welcome to the City AM liveblog. As we round off the first month of trading, miners have dominated market activity. After becoming the FTSE 100’s top riser in 2025, gold miner Fresnillo has continued with gains in the new year, netting 20 per cent already. This is an inch below the FTSE [...]

  • Full map of closures: Santander axes another 44 branches putting 291 jobs at risk

    January 29, 2026

    Santander has made another cull to its branch network as the Spanish banking giant ploughs ahead with its digital transformation. The lender said it would close another 44 branches, which will put 291 jobs at risk of redundancy, as the bank turns its focus to its digital offer to keep at pace with its fintech [...]

  • Lloyds shares rally after profit boost and £1.8bn buyback

    January 29, 2026

    Shares in Lloyds Banking Group jumped on Thursday as the bank launched a £1.8bn share buyback after breezing past profit expectations in the 2025 financial year. The FTSE 100 banking giant recorded a 12 per cent jump to pre-tax profit in the full-year netting £6.7bn and easily surpassing the £6.4bn pencilled in by internal analysts. [...]

  • FTSE 100 Live: Miners lead stock rally; Pound holds onto gains

    January 29, 2026

    Good morning and welcome back to the City AM liveblog. Is President Donald Trump trying to devalue the dollar? That’s the question many in the City and across global markets were asking yesterday after Trump referred to the dollar dropping 1.3 per cent against a basket of currencies as “great”. The President’s triggered another 0.2 [...]

  • Nationwide reigns supreme in bank switch war as Santander falters

    January 29, 2026

    Nationwide maintained its top spot in the tussle for current account switchers in the third quarter of 2025 as the mutual sweetened its offer for new joiners. The building society – which was slapped with a £44m fine in December for failing to flag Covid fraud – secured a net gain of 41,450 switchers after [...]

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