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The Latest Breaking News from Santander

Santander to close 44 bank branches putting 291 jobs at risk

The closures are part of an overhaul of its store network as customers move to digital services

The Independent UK

Santander to shut 44 bank branches with 291 jobs at risk

It said the closures are part of an overhaul of its store network linked to a shift from its customers towards its digital services

Evening Standard

Current account switches ramp up with one bank ‘head and shoulders’ above rest

Nationwide Building Society attracted more than 41,450 customers between July and September

Evening Standard

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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

'Boris bikes' to be named after inspirational women cyclists to increase female ridership

1.5 million cycling trips a day are made in the capital - but only a third by women

Evening Standard

London crowned UK’s kindest city at Christmas, study finds

Nearly half of Londoners say they are more inclined to perform random acts of kindness during the festive season, putting the capital ahead of Liverpool and Manchester

Evening Standard

Banks in mortgage war as rates plunge in major boost to buyers

Santander and Nationwide have both dropped rates again in a bid to spark up property moves

The Independent UK

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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

More firms looking to trade abroad as UK growth and tax worries grow

Nearly half of businesses, or 47%, are considering international expansion, according to Santander’s latest trade barometer.

Evening Standard

TSB earnings spike ahead of Santander takeover

The bank said its financial performance had improved despite consumers remaining cautious amid rising inflation and weakening economic growth.

Evening Standard

Major bank launches new £200 switch offer – but you could get more than £500

Santander’s offer is the biggest on the market once bonuses are counted

The Independent UK

Mortgage UK: Turning Point for Homebuyers As Nationwide Leads Charge to Lowest Rates in Years

Nationwide slashes mortgage rates to 3.64%, fuelling UK housing market revival. Fixed deals under 4% boost remortgaging and buyer confidence.

International Business Times UK

New mortgage price war breaks out amid property market torpor

Some City analysts believe another rate cut from the Bank of England could come as soon as next week

Evening Standard

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The Independent UK

Stocks mixed ahead of Federal Reserve’s interest rate decision

The FTSE 100 index closed up 59.40 points, or 0.6%, at 9,756.14.

Evening Standard

Why are banks criticising the car finance redress scheme and what happens next?

The PA news agency looks at what banks have said about the proposed scheme.

The Guardian - 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

Evening Standard

Santander scraps results and calls for Government action on motor finance

The Spanish-owned group raised fears that compensation scheme plans could impact the car finance market and wider motor sector.

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news in one place.

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International Business Times UK

Streeting Suggests Making Weight Loss Jabs in the UK More Accessible Despite Sales Increase

Wes Streeting addresses the ongoing rise in sales of weight loss jabs to make it safe for all UK patients.

Evening Standard

Lenders warn of bigger hit to finances from £11bn car loan compensation plan

Lloyds Banking Group and Close Brothers both said they were expecting to have to put aside more money to cover costs related to the mis-selling saga.

International Business Times UK

'Minus £7,000 Overnight': Metro Bank Glitch Sparks Outrage as Customers Report Vanished Funds

Metro Bank's recent system glitch sparked widespread frustration as customers reported being locked out of their accounts, facing unauthorised overdrafts, and losing funds.

Evening Standard

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.

The Independent UK

Some of UK’s biggest banks ‘investing ever larger sums into fossil fuels’

Which’s analysis follows research finding that the world’s biggest banks significantly increased their fossil fuel finance in 2024.

Evening Standard

OPINION - Should Lime bike users be forced to wear helmets?

So, Lime bikes are facing at least a dozen legal claims from cyclists who say they were injured while riding “faulty” bikes and alarmingly these alleged injuries include broken legs, arms and ankles, dislocated shoulders and brain injuries There are an estimated 40,000 Lime bikes out there and the company…

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.

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