Santander’s potential UK exit raises concerns despite boss’s pledge to stay put

Santander’s potential exit from the UK could have a major ripple effect on the mortgage market, experts have warned (Mike Egerton/PA) - (PA Wire)

Santander’s potential exit from the UK could have a major ripple effect on the mortgage market, experts have warned, despite the bank signalling to consumers and staff that it will be staying put.

Executive chairman Ana Botin insisted “We love the UK” following reports in the Financial Times that Santander is reconsidering its presence in the country.