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The Latest Breaking News from Santander

UK mortgage holders to get 12-month grace period before repossessions after sharp rate hike – as it happened

Chancellor met with lenders to discuss what they can do to support struggling households

The Guardian - UK

Jeremy Hunt to meet with lenders as mortgage crisis worsens with rates hike

The Chancellor will meet with banks including HSBC and Santander.

The Independent UK

Lloyds, Barclays, Halifax, HSBC: All the variable mortgage rates right now as interest rates to rise for 13th time

Some banks will be increasing their rates in a few weeks

Wales Online

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Santander launches new current account offering up to £30 cashback each month

The new Edge Up current account offers 1% cashback on selected monthly bills paid by direct debit.

Daily Record

Santander axes popular current account as new product launched with £30 a month perk

Some Santander customers will be given the option to switch to the new account while keeping all their old details

Manchester Evening News

Santander axes popular current account - and replaces with new product

In its place, Santander has launched a new current account - the Santander Edgue Up - which offers cashback and other perks

Daily Mirror

Santander axe key accounts after ten years

The bank is removing several accounts from sale today

Liverpool Echo

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Santander launches new current account offering up to £30 cashback per month

The launch comes as the bank said its existing 123, Select, and Private current accounts are being removed from sale.

The Independent UK

Over half of Brits wish they had been taught more about savings and pensions in school

Three-quarters of Brits feel their financial education was 'inadequate' - or even non-existent - and feel this has impacted their ability to navigate the cost-of-living crisis

Daily Mirror

Mortgage mayhem explained: Why are rates rising and what should you do now?

Mortgage rates are rising, spelling more misery for millions of homeowners across the country - but why are deals getting more expensive and what should you do next?

Daily Mirror

More mortgage pain for homeowners as rates rise to highest since Truss mini-Budget disaster

Bank of England is under pressure to act next week

The Independent UK

Mortgage borrowers warned of further rate rises as ANOTHER major lender pulls deals

Santander is the latest major mortgage lender to announce a temporary pause on some mortgage applications, with plans to relaunch its products on Wednesday

Daily Mirror

Mortgage turmoil deepens as Santander pulls loans and interest rates could rise again

Soaring cost of home loans is ‘very important’ issue says HSBC UK boss

The Independent UK

Santander is latest major lender to announce pause to some mortgage applications

The bank will not be accepting new applications via intermediary and online channels temporarily from Monday evening, ahead of a Wednesday relaunch.

The Independent UK

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The Guardian - UK

UK mortgage turmoil: Santander pulls new borrower deals as NatWest hikes rates

Move follows decision by HSBC and applies to brokers and online applications as lenders hike fixed rates

Evening Standard

Santander, last major lender to reprice, will withdraw its mortgage deals this evening

A new range of products will be launched on Wednesday says the Spanish owned bank

The Independent UK

Big banks offering ‘measly’ savings rates to loyal customers, say MPs

The Treasury Committee found that a ‘loyalty penalty’ was especially prominent for elderly and vulnerable customers.

Cycling Weekly

British bike company Planet X appears set to appoint administrators

The South Yorkshire-based firm has been building bikes for over 30 years

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news in one place.

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The Guardian - UK

Oil price up after Saudi Arabia cuts output; UK mortgage rates and car sales rise – as it happened

Rolling coverage of the latest economic financial news, as Brent crude hits $78/barrel and new car market records longest period of growth since 2015

Evening Standard

Transport strikes: How to get around London in July

The rail network will be hit with industrial action through July and into August but Tube strikes planned from Sunday July 23 to the following Saturday have been called off

Manchester Evening News

Hundreds of Santander, Barclays, NatWest, Lloyds and HSBC banks are closing this year - the full list

460 bank branches are set to close across the UK this year - leaving 109 communities in England without a single bank on the high street

Birmingham Post

Santander provides £25m backing for Dorset solar farm project

Service provider Voltalia has struck a deal with the City of London Corporation, which will see half of its energy delivered from South Farm Solar, powering landmarks such as Tower Bridge

The Independent UK

Treasury Committee expands campaign to encourage banks to boost savings rates

The Treasury Committee said it has written to Nationwide Building Society, Santander, TSB and Virgin Money about their easy access savings accounts.

Daily Mirror

Nationwide, Barclays, HSBC, Santander: Best and worst banks based on switches this year

The latest current account switch data is in from Pay.UK - but where are people switching to, and which banks are being ditched? See the full list below and tell us what you think

The Guardian - UK

New CBI boss says she is ‘profoundly sorry’ to women let down by business group – as it happened

As Rain Newton-Smith takes over as CBI director general, the boss of drugmaker GSK calls claims around CBI ‘absolutely shocking’ and ‘repulsive’

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