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The Latest Breaking News from Santander

Major high street bank launches savings account paying 8% interest

The regular saver account is available to all Santander current account customers

Evening Standard

Santander UK owner reveals plans to cut costs by over £430m under AI strategy

Banco Santander is targeting more than one billion euros (£860 billion) in extra revenues and cost savings from AI between 2026 and 2028

Evening Standard

Father’s Day warning issued after £160k stolen this year due to ‘Hi Dad’ impersonation scams

Santander UK is warning parents to be aware of the fraud ahead of Father’s Day on Sunday June 21

The Independent UK

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Warning over ‘Hi Dad’ impersonation scams ahead of Father’s Day

Busy parents juggling various priorities are being urged by Santander UK to stay safe.

Evening Standard

The women running Europe in 2026

Twenty of the leaders celebrated in Fortune’s Most Powerful Women list are from Europe. Their roles reveal where power is concentrated across the continent and what it takes to reach the top of European business.

Fortune

‘I’m down to one option’: bank customers left frustrated by latest closures

Apps intended to replace branches have been hit by outages, as a poll finds most Britons want high street services

The Guardian - UK

Treasury launches reforms to ease ring-fencing rules on banks

The move was warmly received by a raft of banks including NatWest and Santander on Monday.

Evening Standard

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European banks show mixed results as HSBC profits dip while UniCredit's rise

HSBC reported a slight contraction in profits while Italy's UniCredit surpassed market expectations as banking institutions navigate a complex landscape defined by geopolitical tensions.

Euronews

Santander completes £3bn takeover of TSB in ‘biggest investment in UK banking sector for 15 years’

Spanish-owned Santander said the deal went through on Thursday after recently securing the green light from regulators in the UK and Europe

The Independent UK

Santander completes near £3bn takeover of rival TSB

The deal sees the combined group become the UK’s third biggest bank for current accounts and fourth for mortgages.

Evening Standard

Deutsche Bank, Santander and UBS profits rise amid market impact from Iran war

Three of Europe’s biggest banks delivered record or above-forecast profits on Wednesday. TotalEnergies posted strong earnings, while Mercedes-Benz turned more cautious as collapsing China sales and geopolitical uncertainty weighed on the outlook.

Euronews

Santander UK takes profit hit from further costs of motor finance scandal

The high street lending giant reported pre-tax profits of £202 million for the first quarter, down from £358 million a year ago.

Evening Standard

Path clears for city watchdog to proceed with £9.1bn car finance payout scheme

The Finance and Leasing Association said it had ‘concerns’ about the programme but that it was choosing not to raise a legal challenge.

Evening Standard

Santander agrees to pay compensation on mis-sold car loans

Payouts are due on about 12.1 million mis-sold deals from various lenders at an average of £829 each, the Financial Conduct Authority said.

Evening Standard

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Evening Standard

‘Positive signal’ as more mortgage lenders join this week’s rate cuts flurry

Nationwide Building Society, Halifax Intermediaries and Santander will make mortgage rates reductions from Friday.

The Independent UK

Boost for borrowers as lenders cut rates on new mortgage deals

IN FULL

The Independent UK

More lenders cut rates in fresh boost to mortgage market

‘Blink and you’ll miss them’, warn brokers on mortgage deals

Euronews

Why are there protests over plan to send Frida Kahlo masterpieces to Spain?

Officials are trying to reassure Mexicans that a collection of artworks would return by 2028. Still, critics of the move to Spain remain skeptical.

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news in one place.

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Evening Standard

Major mortgage lenders set to make more rate reductions after last week’s cuts

Santander and HSBC UK, which both made mortgage rate reductions last week, are making further cuts this week.

The Guardian - UK

Bank bosses called to meeting with Reeves over impact of Iran war on UK economy

HSBC, Barclays, Lloyds, NatWest and Santander will this week discuss with chancellor how to limit effects of conflict

The Independent UK

Lenders start to cut mortgage rates after Iran war turmoil

IN FULL

The Independent UK

Boost for borrowers as mortgage deals on the rise again after Iran hit

Big lenders move to cut rates and hundreds of deals return to market

Evening Standard

Major lenders poised to reduce mortgage rates on Friday in ‘encouraging’ move

Average rates are showing signs of having reached a plateau, according to Moneyfacts.

The Independent UK

Boost for buyers as Santander becomes first major lender to cut mortgage rates since Iran war

Mortgage experts say the reductions are a good sign, though it’s still unclear when cheaper mortgages will return

The Independent UK

What major banks are doing to tackle mortgage fears in UK housing market

IN FULL

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