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The Latest Breaking News from Santander

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

Evening Standard

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...

Top News

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.

Evening Standard

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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

The Guardian - 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

The Independent UK

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

Mortgage rates hiked by major lenders despite fall in base rate

HSBC UK said it is increasing fixed-rate mortgages this week

The Independent UK

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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.

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%

Evening Standard

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

The Guardian - UK

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.

Evening Standard

Santander bank cutting more than 1,400 UK jobs

It is understood that the job cuts have largely taken place but are expected to finish by the end of 2024

Evening Standard

Santander bank cutting more than 1,400 jobs amid landmark car loan ruling

The company had 21,812 workers in the UK at the end of September

The Independent UK

Santander Defies Interest Rate Cuts To Post Higher Profit

The group's profit from July to September reached 3.25 billion euros ($3.5 billion), a 12-percent jump from the same period last year, beating analyst expectations.

International Business Times

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Evening Standard

Santander UK delays publishing earnings after major car finance court ruling

The delayed announcement comes as the wider Madrid-based bank revealed its profit increased by more than a 10th in recent months.

The Guardian - UK

Santander UK delays results as it considers landmark car loan ruling

Some analysts say court of appeal ruling on mis-selling could cost the bank £1.1bn

The Independent UK

I fell for a Coldplay concert ticket scam on Facebook – here’s how to avoid my mistake

IN FOCUS: Someone on your social media has tickets to a massive gig but they can’t make it any more – seems legit. Except, in Kate Solomon’s case it wasn’t, and revealed a new frontier of scamming that social media platforms are struggling to get a grip on

Evening Standard

'Boris bikes' set for major upgrade with e-bike fleet doubling as TfL takes on Lime dominance

Exclusive: City Hall hire scheme set for major makeover to win back cyclists

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The Independent UK

A third of UK businesses want Starmer to cut Brexit red tape

Some 31 per cent of companies want to see a reduction in post-Brexit regulatory requirements

The Guardian - UK

How to cut through the small print on savings accounts

Some best-buy, high-paying accounts are not always the best for you

Evening Standard

Why are mortgage rates rising and when could they fall again?

The Bank of England is still expected to cut its headline lending rate from 5% to 4.75% when its Monetary Policy Committee meets in November

Evening Standard

Santander withdraws its cheapest mortgage deals in sign price war may be over

Move follows a sharp rise in gilt yields over the past month on Budget borrowing fears

Fortune

Years of inflation have changed Americans’ spending habits. Here are their priorities as the Fed cuts rates

Trade-offs, spending cuts, and shifting priorities: Here's how Americans have reworked their budgets to manage inflation.

The Independent UK

Romance scams surge despite 65% thinking they would never fall victim, says bank

Santander UK has recently seen customers aged from 18 to 93 years old affected by romance fraud.

The National (Scotland)

Scottish region among the top rising areas for first-time home buyers in the UK

A region in Scotland has been named among the top rising first-time buyer hotspots in the UK by Santander.

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People

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