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The Latest Breaking News from Santander

Sunak has supersized his lies, from WhatsApps to Rwanda

Keeping track of Tory falsehoods, whether to do with missing messages or immigration policy, is taking its toll

The Guardian - UK

Decline in UK Mortgage Rates Spurs Optimism for Homebuyers and Remortgagors

The United Kingdom has witnessed a notable drop in the average cost of a two-year fixed-rate mortgage, falling below six per cent for the first time in nearly six months.

International Business Times UK

Banks’ performance in dealing with APP scam victims revealed by regulator

The Payment Systems Regulator said there are inconsistent outcomes for customers who report an APP scam to their bank or building society.

The Independent UK

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Santander warns firms to be on ‘high alert’ after impersonation scams double

The bank said more than 200 of its corporate and commercial customers are known to have been targeted in September.

The Independent UK

Future of Finance: TaxBit’s Argalas on the benefits of FinTech-TradFi collaboration, and how clear crypto rules would help everyone

Argalas ascended to the top position at TaxBit in June after previously serving as chief operating officer.

Fortune

Bank CEOs set the tone from the top when it comes to risky behaviour — new research

Metro Bank positioned itself as “a fresh start to banking” when it launched in the wake of the 2008 global financial crisis. It was set up in 2010 as a challenger to the “big five” banks dominating the UK market post-crisis: HSBC, NatWest, Lloyds, Barclays and Santander.

The Conversation

OPINION - London’s biggest rival as the best city in the world is not New York, it’s Paris

Each morning I take a deep breath as I turn a Santander bike onto Blackfriars Road at The Cut. I cycle north among a peloton of men on expensive bikes, personal best-ing through SE1. Does any other city have such a Mamil problem? Not Paris. During a happy week there…

Evening Standard

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Six high-street banks given ‘red’ warning over eco policies, Which? reveals

JP Morgan Chase, Santander, Barclays, HSBC, NatWest Group and Lloyds Banking Group were criticised by the consumer champion.

The Independent UK

Current account switchers could receive cash windfall in run-up to Christmas

Several current account providers have launched free cash offers to entice new business, Moneyfactscompare.co.uk said.

The Independent UK

Santander wanted my bedbound father to visit his branch on a trolley

After his account was frozen, the bank would not accept anything except an in-person visit for an identity check

The Guardian - UK

Scam warning for bargain hunters browsing ‘closing down’ sales

August saw a combination of Wilko tumbling into administration alongside other outlets holding traditional end-of-summer sales.

The Independent UK

Number of ticket scams has doubled in a year, warns Santander

The scams happen when a criminal sells someone a ticket for that is fake or does not exist.

The Independent UK

How can it cost £46 to sell a few Santander shares?

That’s the charge quoted by Equiniti – but they’re only worth about £450

The Guardian - UK

‘Unpleasant smell’ at bank leaves man hospitalised and nine others ill

Fire crews helped ventilate the Santander branch in Nuneaton after staff reported ‘presence of hazardous gas’

The Independent UK

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Evening Standard

Santander cuts mortgage rates but experts warn price war ‘won’t last’

The UK’s top lenders have been cutting mortgage rates after they rose dramatically from May to July, with all of the “Big Six” having cut prices on multiple occasions

The Independent UK

‘I’m thousands of pounds out of pocket after being scammed on Facebook Marketplace’

Beauty therapist Lucy Fletcher forked out £3,600 for a new office space, which was never delivered by the seller

The Independent UK

Santander to cut selected mortgage rates from Monday

Halifax, NatWest, First Direct, HSBC UK, Nationwide Building Society and TSB have also been among the lenders to announce mortgage rate reductions.

The Guardian - UK

Should I overpay my mortgage monthly or with a lump sum at the end of each year?

I have a five-year fixed-rate deal, just missed the rising interest rates and want to plan for an uncertain future

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news in one place.

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StockNews.com

2 Auto Parts Stock With Huge Profit Potential, 1 To Get Rid Of

The auto parts industry is poised for a promising future due to the integration of advanced technologies. However, prevailing macroeconomic uncertainties could create short-term challenges. Amid this, it could be wise to invest in two fundamentally sound auto stocks, Garrett Motion (GTX) and Ituran Location and Control (ITRN). However, the…

Motor1

Santander Closes Accounts Of Customers Who Paid Cash For Cars In Argentina

The bank considered the transactions suspicious even though they were approved by the AFIP.

The Guardian - UK

Credit cards: new UK rules could mean end of O% interest deals

Regulations could allow wider access to online-only bank accounts – but no-fee balance transfer deals may have to go

StockNews.com

Top 3 Bank Stocks in a B-Rated Industry

The regional banking collapse continues to cause economic concern despite the Fed’s efforts to strengthen the system's resilience. Thus, it could be wise to venture beyond national borders and invest in robust stocks Banco Santander (SAN), Banco Bilbao Vizcaya Argentaria (BBVA), and KB Financial Group (KB) that belong to the…

Evening Standard

Average 5-year fixed-rate mortgage hits 6.3 per cent deepening UK’s home loan misery

Britain’s home loan misery was growing on Friday as the average five-year fixed-rate mortgage hit 6.3 per cent.

The Independent UK

UK’s biggest mortgage lenders in 2022 ranked

Lloyds Banking Group has held its position as the UK’s biggest mortgage lender but some providers moved up or down the tables.

The Guardian - UK

UK mortgage payers must brace for even higher borrowing costs, IMF warns

International Monetary Fund backs Bank of England on whatever tough action needed to control inflation

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