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Evening Standard
Evening Standard
Business
Holly Williams

Santander sees more than 2,000 jobs go in ongoing overhaul as profit dips

Santander UK revealed more than 2,000 roles have been cut amid a cost-saving overhaul (PA) - (PA Wire)

Santander UK revealed more than 2,000 roles have been cut amid an ongoing cost-saving overhaul as it reported a drop in half-year profits.

The high street lender – whose Spanish parent recently announced a £2.65 billion deal to buy UK rival TSB – said the year-on-year drop in its workforce comes as part of its ongoing “simplification and automation” drive.

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