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The Latest Breaking News from Santander UK

Banks aim to reverse crunch appeal court victory for car buyers

Fears of a £44bn compensation bill over dealer commissions has prompted a high-profile appeal, which will be heard this week

The Guardian - UK

The locations set to get new banking hubs as Santander closes 95 branches

Here’s where customers will be able to do their banking

The Independent UK

Santander to close another 95 branches, putting 750 jobs at risk

The banking giant will close the branches in June, while also cutting hours across 36 sites and switching 18 to become counter-free

The Independent UK

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Hundreds of jobs at risk as Santander to close 95 UK branches – see the full list

AROUND 750 jobs are at risk of redundancy at Santander UK as the high street lender announced 95 branch closures and sweeping changes across its…

The National (Scotland)

Santander puts 750 jobs at risk under branch closure plans

The banking giant said it was closing the branches in June, and also cutting hours across 36 sites as well as switching 18 to become counter-free.

Evening Standard

UK lenders paid car dealers cash upfront that may have led to costlier loans

Exclusive: ‘Advance commissions’ said to total millions of pounds allegedly pushed customers to certain providers

The Guardian - UK

Some sub-4% mortgages will vanish from the market from Friday

One mortgage broker said market movements ‘look to be enough to put some of the very lowest rates in peril’.

Evening Standard

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Mortgage wars kick-off as banks launch sub-4% deals

More sub-4 per cent mortgages have started appearing on the market from Thursday

The Independent UK

More sub-4% mortgage rates available from Thursday

The new deals were a positive sign that competition in the market was heating up, experts said.

Evening Standard

Santander UK is to offer sub 4% mortgage rates from Thursday

The new deals at 3.99% are part of a wider shake-up by the bank of its mortgage rates.

Evening Standard

Bank starts ‘full-scale mortgage price war’ with new offer

Deals are available to both buyers and those remortgaging

The Independent UK

Surge in mortgage applications seen by major bank ahead of stamp duty deadline

From April, stamp duty discounts will become less generous.

Evening Standard

Santander UK staff brace for more job losses after 38% drop in full-year profits

‘Cost efficiencies’ programme planned for UK arm rocked by car loan commission scandal

The Guardian - UK

Santander UK profit slumps as questions remain over future of British arm

The Spanish-owned high street banking giant reported a 38% drop in UK pre-tax profits to £1.33 billion for 2024.

Evening Standard

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The Independent UK

Santander boss issues major update on UK future amid speculation over potential exit

Recent reports suggested bank was considering quitting UK

Evening Standard

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

Executive chairman Ana Botin insisted ‘We love the UK’ following reports that Santander is reconsidering its presence in the country.

The Independent UK

Fears for mortgage market amid rumours of Santander’s UK exit

Santander UK is a prominent mortgage lender and recently cut rates on more than 70 mortgage products

Evening Standard

Why could Santander bank leave the UK?

The bank has not been performing as well as expected and its owner, Banco Santander, may be looking at an exit

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news in one place.

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International Business Times UK

Is Santander Shutting Down In Britain? 14M Customers, 20K Employees Possibly Affected

Spanish banking giant Santander is reportedly considering quitting Great Britain due to the impact of 'excessive red tape' on its profitability.

The Guardian - UK

Santander rushes guidance to managers as it reviews its future in UK

Bank is considering sale of British business amid mounting frustrations over regulation

The Independent UK

Major high street bank ‘considering quitting the UK’ after two decades

Santander already announced it was cutting more than 1,400 jobs across its UK business

Evening Standard

35% of young adults ‘are concerned about their finances on a daily basis’

Four-fifths of 18 to 21-year-olds have never created a budget and 31% look to social media influencers for advice, according to Santander UK.

Evening Standard

Cynical scammers set to strike during Christmas week, Santander UK warns

Nearly £2 million was reported lost by the bank’s customers to authorised push payment scams between Christmas Day last year and New Year’s Day.

Evening Standard

Santander UK cuts rates across more than 70 mortgage products

The bank has reduced the rates available on selected fixed homeowner purchase and remortgage ranges by up to 0.23 percentage points.

Evening Standard

Santander UK profits plunge after £295m motor finance hit

The high street lender reported pre-tax profits of £143 million for the three months to the end of September, down 65% on the previous quarter.

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