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The Latest Breaking News from Santander

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.

International Business Times UK

Santander is reconsidering its presence in the U.K., FT says

The Spanish lender is reportedly exploring a range of options, including keeping the business, and no deal is imminent.

Fortune

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 Guardian - UK

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Best current account cash switch offers from banks in January 2025

Customers can pick up hefty cash bonuses for switching providers but be sure to check the rules suit your circumstances

The Independent UK

All my accounts were shut down when TSB labelled me a ‘fraudster’ instead of the victim

Credit checks revealed fraud markers against my name – placed by the bank, even though I had never been a customer

The Guardian - 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

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

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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

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

Why Is Private Equity Giant Apollo Global Management Stock Shooting Higher Today?

Apollo and Santander partner on $370M infrastructure portfolio financing. APO aims for $50B in clean energy investments by 2027.

Benzinga

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

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Evening Standard

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

Top News

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...

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.

The Guardian - UK

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

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The Independent 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

Evening Standard

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

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.

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

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

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.

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