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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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 [...]
Natwest and Barclays sweeten mortgage costs as Iran peace hopes ease interest rate fears

May 29, 2026

Natwest and Barclays have become the latest lenders to sweeten up their mortgage deals, as hopes remain high that a peace deal will be reached in the Middle East that would bring calm to the interest rate environment. Both lenders have unveiled reductions in mortgage rates, with Barclays cutting its rates across the board by [...]
Top banks urge Rachel Reeves to expand small business lending scheme

May 29, 2026

Top UK banks are lobbying Rachel Reeves to beef up the government’s small business lending scheme in a bid to unlock more capital to be lent to firms. A letter penned by UK Finance – the banking industry body that represents the likes of Barclays, Lloyds and Natwest – has called for the Chancellor to [...]
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 [...]

London Tech Week sums up everything wrong with UK tech

Do the Prem Rugby semi-finals need a Welsh URC team?

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

By: Samuel Norman

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