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Evening Standard
Evening Standard
Anna Wise

Santander UK profits fall as bank lowers economic growth outlook

(Greg Balfour Evans/Alamy/PA) -

Santander has revealed lower profits in the UK as it set aside more cash to cover costs related to cutting its high street branches, and lowered its outlook for economic growth this year.

The UK bank said it was making some big changes to how the business is run in order to reduce costs.

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