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The Latest Breaking News from Santander

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

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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

Anger over Santander charging for business accounts it said would be ‘free for ever’

Exclusive: Thousands of small business owners face charges of £9.99 a month from October despite previous written guarantee

The Guardian - UK

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

July 2025 shop closures - full list revealed

A number of big names from the High Street will leave for good in the coming weeks

Evening Standard

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

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

The Independent 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

Santander takeover of TSB is boost to Reeves as she fights to keep City’s trust

Purchase spares chancellor potential embarrassment of the Spanish high street lender giving up on UK

The Guardian - UK

Santander's TSB takeover: What it means for your account

Santander's acquisition of TSB for £2.9 billion could reshape UK banking, affecting 5 million account holders. Here's what it might mean

Evening Standard

Spain's Santander buys TSB Bank to boost presence in the UK

The Spanish lender is about to become the third-largest bank in the UK by share of personal current accounts, after the deal is closed.

Euronews

TSB brand could disappear from high streets in £2.65bn Santander takeover deal

Santander said it plans a ‘rationalisation’ of the overall branch network.

Evening Standard

TSB could disappear from high streets in huge Santander takeover

Santander said it plans a ‘rationalisation’ of the overall branch network

The Independent UK

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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

The Independent UK

£185 in cash and free cinema tickets: July’s best offers to switch banks

If you’re looking for a new bank, make sure to get a good deal beyond just the initial cash payment

Evening Standard

Santander approaches TSB’s Spanish owner over possible takeover – reports

Banco Sabadell, the Spanish parent firm of TSB, said on Monday that it had received interest about an acquisition.

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

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The Independent UK

Experts reveal the three money tips they wish everyone knew

With the cost of living crisis looming, here’s some ways to make your money work for you

The Guardian - UK

First Thing: Russia and Ukraine to begin first direct talks since 2022

Putin and Zelenskyy will not meet after the Russian president refused to travel to Istanbul for talks with his Ukrainian counterpart. Plus, the fitness influencers who fake their impossibly ripped physiques

The Guardian - UK

‘We are witnessing ecocide’: Santander accused of funding vast deforestation

In 2024, the Spanish bank provided more than $600m in financing to firms linked to beef, palm oil, soya and supply chains driving deforestation, says Global Witness

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 Independent UK

Buying your first home in 2025? Here’s everything you need to know

You should be aware of extra costs beyond the deposit - and of what’s happening with interest rates

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.

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