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The Latest Breaking News from Santander UK

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

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

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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

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.

Evening Standard

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 Independent UK

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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.

The National (Scotland)

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.

Evening Standard

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

The Independent UK

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.

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.

Evening Standard

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 Guardian - UK

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.

Evening Standard

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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

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

Evening Standard

TSB’s Spanish owner considers sale of UK banking business

It comes a decade after Sabadell bought TSB for £1.7 billion to gain a foothold in the UK.

The Guardian - UK

About £1bn in car loan compensation at risk because data deleted, lawyers warn

Lenders’ routine purging after six years means details of some car buyers due compensation may have been lost

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The Guardian - UK

Santander UK freezes salaries and cuts jobs in commercial banking arm

Exclusive: Bank also set to slash bonuses in wider shake-up that could help make it more attractive to potential buyers

The Independent UK

WhatsApp scam known as ‘hi mum’ evolving at ‘breakneck speed’, expert warns

Santander UK’s fraud expert said that AI voice impersonation technology was making these scams even more realistic

Evening Standard

Santander UK profits fall as bank lowers economic growth outlook

The UK bank said that ‘charges relating to changes to our branch network’ drove profits lower in recent months.

The Guardian - UK

Santander looks at splitting car finance from rest of UK division

Review follows fallout from commission scandal, which could cost bank up to £1.9bn in compensation

The Independent UK

Third of 18 to 21-year-olds ‘worry about money every day’

Less than a third of young adults surveyed said they had learned about student loans at school, Santander UK said.

Evening Standard

Santander UK reveals scams most likely to catch out different age groups

The bank saw a jump in older adults and younger adults reporting scams in the first quarter of this year.

The Guardian - UK

Banks aim to reverse crunch appeal court victory for car buyers

Fears of a £44bn compensation bill over dealer commissions has prompted a high-profile appeal, which will be heard this week

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