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The Latest Breaking News from Santander UK

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 takes fresh swipe at City watchdog as its car loan scandal bill tops £460m

UK arm brands FCA’s compensation scheme ‘overreach’ as Spanish owner signs surprise $12bn takeover of Webster Bank in US

The Guardian - UK

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.

Evening Standard

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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’

The Independent UK

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’

Evening Standard

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 Independent 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

The Guardian - UK

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Over £95,000 stolen from bank’s customers by ‘side hustle’ scammers last autumn

Santander UK is warning people looking for extra ways to make some cash this January to watch out for side hustle scammers.

Evening Standard

Warning over £50,000 scam that can harm your health and bank balance

Santander UK says £49,846.32 was reported as being stolen by beauty scammers

The Independent UK

Watch out for beauty treatment scams warns bank as £50,000 reported lost in year

Santander UK is warning that fake treatments can harm people’s health as well as their bank balance.

Evening Standard

Santander urges ministers to intervene in UK car finance compensation scheme

Lender’s chief executive says redress proposals could affect jobs, supply chains and broader UK economy

The Guardian - UK

Santander UK’s chief to step down ahead of TSB merger

Mike Regnier said he wants to pursue ‘other interests’ so it is the right time to step down from the Spanish banking giant.

Evening Standard

Santander uses AI tool to help bust human trafficking gangs

The high street lender has generated hundreds of alerts to pass on to the National Crime Agency to investigate further over the past year.

Evening Standard

Major bank launches new current account offering up to £20 cashback a month

It also includes travel and phone insurance and breakdown cover

The Independent UK

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Evening Standard

Santander UK launches current account offering up to £20 cashback per month

The Santander Edge Explorer account offers a package of perks in return for a £17 monthly fee.

The Independent UK

Santander UK urges overhaul of ‘antiquated’ home-buying process

A report commissioned by Santander UK said the property market ‘sticks out like a sore thumb’ in an era marked by digitisation in daily life.

The National (Scotland)

Santander axes 2000 jobs and warns more cuts are possible

High street lender Santander UK revealed it has axed over 2,000 jobs and warned more roles may need to be cut as part of an ongoing overhaul.

Evening Standard

Santander axes 2,000 jobs and warns more cuts are possible

The group announced last October it was cutting more than 1,400 jobs across the UK bank and said in March it was closing another 95 branches.

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Evening Standard

Santander sees more than 2,000 jobs go in ongoing overhaul as profit dips

Santander reported a 5% fall in pre-tax profits to £764 million for the first six months of 2025.

The Independent UK

Major bank slashes thousands of jobs in company overhaul

Santander reported a 5 per cent decline in pre-tax profits, reaching £764 million for the first six months of 2025

Evening Standard

Bank issues warning over building projects scams after seeing jump in cases

Criminals may ask for hefty deposits for work to be carried out before disappearing, or leave dangerous work behind, Santander UK is warning.

The Guardian - UK

More than 23m Britons think they may be due compensation for mis-sold car loans, UK poll finds

Survey comes before supreme court decision on secret commission payments ruled unlawful by court of appeal

The Independent UK

Self-made workers ‘unsure how to manage their savings’

One bank has called for financial education to help workers better invest their savings

Evening Standard

Self-made people ‘holding estimated £40.7bn in under-utilised cash savings’

Santander UK, which published the research, suggested that financial education should be embedded into apprenticeship schemes.

The Guardian - UK

Santander to buy TSB for £2.65bn amid fears of branch closures and job losses

Purchase would be third major ownership shake-up for high street lender in 12 years

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