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The Latest Breaking News from Santander

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

The Independent UK

Remote work impedes women’s careers, CEO of top U.K. bank claims amid industrywide RTO surge

“Being seen” is critical to career development, Debbie Crosbie said, arguing that remote work makes female employees appear absent.

Fortune

The people who shaped European business in 2024

Fortune set out to pick the leaders who’ve kept Europe at the center of global debates in 2024. Their presence portends the year to come.

Fortune

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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

Big banks urged to step up on sustainable finance in 2025

ShareAction warned the banks they can expect to see shareholder action next year if they fail to meet investor expectations for greener practices.

The Independent UK

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

Williams already banking on Sainz success as Santander sponsorship announced

Carlos Sainz's value to Williams has already hit away from on-track activities with the team announcing a new Formula 1 partnership with Santander.

Autosport

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Internet Reacts To Arrest Of Hitwoman “The Doll”: “Where Is A Priest And Some Holy Water?”

"Soulless behind her eyes." The infamous Colombian hitwoman known as "The Doll" has finally been arrested after multiple murders, including that of her ex-boyfriend. The post Internet Reacts To Arrest Of Hitwoman “The Doll”: “Where Is A Priest And Some Holy Water?” first appeared on Bored Panda.

Bored Panda

More than £240,000 lost to sports ticket scams this year so far, says bank

Evening Standard

Indigenous Leaders Urge UK To Ban Amazon Oil Financing

Wampis leaders in Peru call for action to protect their rainforest lands from oil pollution and environmental harm caused by international banks funding Pe...

Top News

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.

Evening Standard

Santander puts aside £295m for car loan mis-selling

Lower third-quarter profits reported alongside first estimate of financial fallout from loan mis-selling scandal

The Guardian - UK

Santander, HSBC and TSB increase mortgage rates after applications rush in spite of Bank of England cut

Santander, HSBC and TSB raised rates by up to 0.3 percentage points

The Independent UK

UK watchdog to urge Supreme Court to act quickly in car finance mis-selling case

The Financial Conduct Authority also said it was preparing to give lenders more time to deal with an expected flurry of customer complaints.

Evening Standard

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The Independent UK

Mortgage rates hiked by major lenders despite fall in base rate

HSBC UK said it is increasing fixed-rate mortgages this week

Evening Standard

Major lenders hike some mortgage rates despite fall in base rate

The changing outlook for interest rates and rises in swap rates which are used to price home loans have had an impact, some experts said.

Evening Standard

Property market recovery 'put on pause' by mortgage rate hikes warns Knight Frank

The high street bank is increasing fixed rates for most residential rates for new buyers and remortgage customers by up to 0.29%

The Guardian - UK

Santander’s delay left us out on the street on moving-in day

Because money wasn’t transferred to the seller in time, me, my child and our cat had to find emergency accommodation

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Evening Standard

Current account switching picks up pace in July before interest rates cut

However, the total number of switches slowed between July and September compared with the first half of 2024.

The Independent UK

Santander bank cutting more than 1,400 jobs amid landmark car loan ruling

The company had 21,812 workers in the UK at the end of September

Evening Standard

Santander bank cutting more than 1,400 UK jobs

It is understood that the job cuts have largely taken place but are expected to finish by the end of 2024

International Business Times

Santander Defies Interest Rate Cuts To Post Higher Profit

The group's profit from July to September reached 3.25 billion euros ($3.5 billion), a 12-percent jump from the same period last year, beating analyst expectations.

Evening Standard

Santander UK delays publishing earnings after major car finance court ruling

The delayed announcement comes as the wider Madrid-based bank revealed its profit increased by more than a 10th in recent months.

The Guardian - UK

Santander UK delays results as it considers landmark car loan ruling

Some analysts say court of appeal ruling on mis-selling could cost the bank £1.1bn

The Independent UK

I fell for a Coldplay concert ticket scam on Facebook – here’s how to avoid my mistake

IN FOCUS: Someone on your social media has tickets to a massive gig but they can’t make it any more – seems legit. Except, in Kate Solomon’s case it wasn’t, and revealed a new frontier of scamming that social media platforms are struggling to get a grip on

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