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You can find the latest Santander UK's news and press releases below.

 

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Press releases 2016

  • EEF and Santander launch 2016 manufacturing facts & figures

     

    British manufacturing continued its climb up the global rankings as the UK continues to enjoy an industrial renaissance, according to facts and figures published today by EEF, the manufacturers’ organisation and Santander. 

     

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    • The new mortgage application offers customers the opportunity to remortgage online, in their own time, from the comfort of their own home

    • The application could be completed from start to finish within 30 minutes

    • The application clearly outlines the steps involved, provides an instant decision and enables customers to upload their paperwork immediately

    • Customers can save and retrieve their application, so they can start the remortgage process, then resume it at a time that suits them

    • This is another channel of choice for customers, complementing the existing branch, telephone and intermediary channels offered today

     

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    • Those who moved paid £23,707 for a school catchment address, an 11 per cent premium on the average UK property price

    • This increases to £71,539 for those living in London, a 15 per cent hike

    • Nearly a fifth of these parents had to change jobs in order to get their children into the desired school

    • 15 per cent settled in an area they didn’t like for the sake of a good school

    •  More than a quarter of all families who move to be within a catchment area will leave as soon as a school place is secured

     

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    • UK consumers set to transfer six times as much as the big football clubs

    • Almost nine million adults (17 per cent) have missed a “transfer deadline” resulting in a late payment or transfer

    • One in three (31 per cent) say they are worried about not having enough money in their account to meet their payments

    • Nearly 70 per cent of Brits regularly check their account online or on their mobile to stay on top of their finances

     

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  • (FCA Complaints Data – 1 January 2016 to 30 June 2016)

     

    Data published today by Santander UK reveals that the number of FCA reportable complaints received by the bank continues to fall. In the first half of 2016, the bank received 96,669 complaints, compared to 101,921 in the second half of 2015, and 121,314 for the first half of 2015. Complaints remain significantly lower than historic levels, and have decreased through every reporting period since the first half of 2010.

     

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    • Only 8% of 15-16 year olds would consider an apprenticeship
    • Pupils intending to opt for university expect to earn more than double those choosing apprenticeships: £113,200 vs £46,400pa
    • Santander offers new degree level apprenticeships

    As students across the country receive their GCSE results today (25th August), new research1 conducted by Santander on young people’s career aspirations reveals that only 8% of 15-16 year old students would consider an apprenticeship as their preferred route into work.
     

     

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    • 1I2I3 Current Account interest rate of 1.50% on balances up to £20,000 – customers can earn up to £298pa in interest, plus cashback on selected household bills, for a £5 monthly account fee

    • Introduction of new arranged overdraft tiers on 1|2|3 and Everyday current accounts

    • Customers will be given a minimum of 60 days advance notice of both changes

     

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    • 518,000 students run, or plan to run a business whilst at university – a 38 per cent increase on 2015
    • Student enterprises generate revenues of £913 million per year
    • Over a quarter plan to turn their business into a career when they graduate 
    • Students from University of Birmingham and Imperial College London win top prizes of £15,000 in the Santander Universities Entrepreneurship Awards 

     

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  • Fast-growing Sheffield-based digital marketing firm Evoluted has been able to purchase the Lambert Street office building it has been leasing for the past seven years following a £300,000 funding package from Santander Corporate & Commercial.

     

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  • Solihull-based Budge Brands Ltd, brand owner of Premier Estates Wine, has purchased a new head office in Birmingham's Jewellery Quarter after receiving a funding package worth over £1.5 million from Santander Corporate & Commercial.

     

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  • Following today’s decision to lower the Bank of England base rate to 0.25 per cent from 0.50 per cent, Santander can confirm that:

     

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  • Shropshire-based AVF Group (“AVF”), one of the world’s leading manufacturers of AV furniture and related products, is to further expand its product range following a £2 million funding deal with Santander Corporate & Commercial.

     

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    • 5,000 already registered for UK’s newest cycle hire scheme, Santander Cycles MK
    • Hires top 7,000 in just over 2 weeks since launch
    • Planning already underway to extend scheme from current 42 docking stations and 300 bikes, to 50 stations and 512 bikes by the end of 2016
    • 2009 FIA Formula 1TM World Champion joins Mayor of Milton Keynes and local dignitaries to celebrate the successful launch

     

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  • Specialist Journeys, one of the UK’s leading providers of small group, expert-led specialist, educational and themed travel holidays, has acquired Brightwater Holidays following a significant funding package from Santander Corporate & Commercial.

     

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    • Wycombe Women's Aid has received £4,700 to fund educational training and support for women who have experienced domestic violence in High Wycombe, Chiltern and South Bucks 

     

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    • Sense Scotland has received £5,000 to fund arts sessions for children with multiple disabilities in Glasgow.

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    • Binoh of Manchester has received £3,600 to fund financial literacy classes for the East Salford community in Broughton and Kersal

     

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  • 1. Students can earn up to 3% interest with the 1|2|3 Student Current Account

    2. The account also offers a free 4-year Santander 16-25 Railcard, saving students up to £7521

    3. Student bank of choice2

    4. Students whose parents have Santander Home Insurance can have their belongings covered under their parents policy3 whilst living away at University

     

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    • Parents fined £5.6 million for unauthorised term-time holiday absences
    • Families face holiday premiums of up to 68 per cent in school holidays
    • 76 per cent of Brits say they have used money saving tactics to reduce the cost of their family holiday
    • Three quarters of Brits use online or mobile banking to regularly check finances at home, only one quarter track spending when away

     

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    • Eight student entrepreneur winners announced at Santander Universities' sixth annual Entrepreneurship Awards

    • UniGreenScheme from University of Birmingham and Motion Metrics from Imperial College London both win top prizes of £15,000

     

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  • Santander has today signed a Memorandum of Understanding (MOU) with JD.com, China’s largest e-commerce company by revenue.

    The MOU, which was signed today in London by Angel Rivera, Senior Executive Vice-President and Head of Retail & Commercial Banking, Santander Group and Tony Qiu, General Manager of JD.com Worldwide, will allow Santander’s small and medium-sized enterprise (SME) customers to gain access to the large Chinese consumer market via an online store on JD.com.

     

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  • Coleraine-based TBF Thompson (Garvagh) Ltd, one of Northern Ireland’s largest distributors of truck and heavy plant machinery, is to expand its range of services as well as hire more apprentices following £4 million in funding from Santander Corporate & Commercial.

     

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  • "Santander's unique business model - focused on retail banking - provides us with diversification and stability and is a source of great strength. The Group has proved its robustness throughout its history and has paid a dividend to its shareholders consistently for more than 50 years."

     

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  • Aspiedent has received £5,000 to fund social skills training for autistic people in West Yorkshire.

     

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  • Watford & District Mencap has received £1,170 to fund a series of workshops for adults with a learning disability in the Watford and Three Rivers area.

     

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    • Santander Cycles Spin Up launches today at The Shard
    • The Shard, Tower Bridge and Kensington Roof Gardens named as locations for “Santander Cycle Spin Up” events
    • Santander Cycles continue to grow in popularity and usage

     

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    • 1,600 mile relay across the UK to raise £100,000 for Santander’s charity partners Age UK and Barnardo’s
    • 325 employees took part from over 30 towns and cities

     

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    • 1,600 mile relay across the UK to raise funds for Santander’s charity partners Age UK and Barnardo’s

    • 325 employees take part from 30 towns and cities

     

    Read more

2014 - 2015 Press releases archive

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AER and EAR explained

AER stands for Annual Equivalent Rate and shows what the interest would be if we paid interest and added it to your account each year. The gross rate is the interest rate we pay before income tax is taken off. Interest is calculated daily and paid monthly. Rates may change. EAR stands for Effective Annual Rate and represents the yearly cost of an overdraft, which takes account of how often we charge interest to the account, and does not include any other fees or charges. Overdrafts depend on your circumstances and you must repay any overdraft when we ask in line with our General Terms and Conditions.