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The Latest Breaking News from Santander

Car finance lenders shares rise after industry bill for redress cut by £2bn

Lloyds and Barclays shares were up by more than 1% and Close Brothers rising by around 2.5% on Tuesday.

Evening Standard

UK banks keep £100 limit for contactless card payments despite FCA scrapping it

Banking lobby group says lenders are holding off changes as there is no widespread consumer demand for now

The Guardian - UK

Barclays becomes latest bank to offer new customers £200 to switch

Barclays becomes the latest bank to offer a cash incentive to new customers, joining a host of high street banks including Santander and Natwest

The Independent UK

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Millions of drivers set to get long-awaited motor finance compensation payouts this year

People would be informed within three months of the implementation period

The Independent UK

Millions could get motor finance compensation in 2026 under plans due this month

The FCA is set to give lenders a three-month implementation period to pay out redress, with up to five months for older agreements.

Evening Standard

Santander names new boss of TSB ahead of merger

Nicola Bannister will replace outgoing chief executive Marc Armengol when the deal completes.

Evening Standard

Santander and Mastercard complete live payment executed by AI agent

The payment is a milestone in the use of AI systems capable of initiating and completing transactions on behalf of customers, the firms said.

Evening Standard

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Revolut, Monzo or Santander: Which is the best premium bank account?

From sausage rolls to Tinder Gold, see what extras you can get with a paid-for current account

The Independent UK

Santander ‘quietly dilutes’ targets to cut emissions in oil and gas financing

The banking group said it had updated its climate alignment targets to reflect the ‘real pace of transition’ to a greener future.

Evening Standard

Mortgage price wars as three major lenders slash rates in boost to homeowners and first time buyers

Nationwide’s best rate is now down to 3.54 per cent - but you need a big deposit to benefit

The Independent UK

First-time buyers enjoy biggest choice of low-deposit mortgages in UK since 2008

More than 500 deals now offer 95% loans as banks and building societies loosen their borrowing rules

The Guardian - UK

The Rise, Fall, And Meme-ification Of The Nissan Altima

Rumors of the Nissan Altima’s demise have been greatly exaggerated. Despite the waning popularity of mainstream sedans in general over the last decade, Nissan’s mid-sizer is sticking around for another year. Where the Altima’s road ultimately leads is still uncertain, but one thing’s undeniable: the early-2020s meme ecosystem wouldn’t have…

Motor1

TSB’s earnings in robust shape ahead of Santander takeover

The high street lender said pre-tax profits rose 20.7% to £350.4 million for 2025.

Evening Standard

TSB announces boss leaving to head up Spanish owner Sabadell

Marc Armengol will step down to take up the new role at Sabadell.

Evening Standard

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news in one place.

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Evening Standard

Santander to cut costs further as profits rise despite another motor finance hit

The Spanish-owned lending giant reported a 14% rise in pre-tax profits to £1.51 billion for 2025.

The Guardian - UK

Santander offers 98% mortgage for first-time buyers – with strict rules

Fixed-rate loan will not be available on flats and new-builds, and loan must be no more than 4.45 times salary

The Independent UK

What you need to know about Santander’s ‘my first mortgage’ deal

IN FULL

Motorsport

Williams lands major deal with British bank as Santander drops off team partner list

Williams Racing has announced Barclays as its official banking partner for the 2026 F1 season

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news in one place.

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The Independent UK

Major UK bank launches new 2% deposit mortgage for first-time buyers

The bank said saving for a deposit ‘remains one of the biggest hurdles to homeownership’

Evening Standard

New mortgage launched for first-time buyers with two per cent deposits

Santander UK said saving for a deposit ‘remains one of the biggest hurdles to homeownership’

The Independent UK

Banco Santander executive to take top job at UK bank ahead of TSB merger

Mahesh Aditya is currently group chief risk officer at Banco Santander and will replace outgoing boss Mike Regnier on March 1.

The Guardian - UK

Santander to close further 44 branches as it gears up for £2.6bn takeover of TSB

Closure of one in eight sites puts almost 300 branch-based workers’ jobs at risk

Evening Standard

Location of 250th banking hub announced as Santander confirms closures

Link announced recommendations for four new banking hubs as part of its work to help fill gaps in cash access.

Evening Standard

Santander: Locations of 44 branches set to close

The Spain-based banking giant has unveiled closures which will affect 291 workers across the UK.

The Independent UK

Santander closures mapped: High street bank to shut 44 locations across the UK

The decision follows 95 branch closures by the lender last year

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