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Latest news
You can find the latest Santander UK's news and press releases below.
Press releases 2017
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Santander has cut the rates on its fixed two and five year products across 60, 75 and 85 per cent loan to value (LTV) zero fee range. The changes are designed to support customers looking to remortgage before the end of the year. As well as market leading rates, customers can also take advantage of the free valuation and free legals or £250 cashback.1
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On Wednesday 30 August, Santander UK will officially open its newly designed and refurbished branch on Chorley Road, Swinton. It is the latest of Santander’s branches to be re-designed as part of a programme to deliver better customer service and community friendly banking.
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- Up to £100 cashback for 1|2|3 World, Select and Private customers investing with Santander
- Customers can earn 0.5% cashback on the amount invested between now and 16 November 2017
- A wide range of investments from across the market are available via the Santander Investment Hub – a secure, efficient, straightforward platform which aims to make investments more affordable and accessible to all
- Up to £100 cashback for 1|2|3 World, Select and Private customers investing with Santander
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Edwards Coaches, the largest independent coach operator in Wales and one of the largest in the UK, has secured a £11.4 million funding package from Santander Corporate & Commercial to assist with the set-up of its recently purchased Avonmouth Depot and to fund 40 additional coaches. The funding will also support the recruitment of approximately 110 new employees
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London-headquartered Natilik, a leading provider of Hybrid IT and Communication services to mid-sized and large corporations, has received a multi-million pound Growth Capital investment from Santander Corporate & Commercial. The funding will enable them to continue their expansion and capitalise on growth opportunities.
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One Step Borders has received £5,000 to fund training for volunteers working with young people with emotional and mental health difficulties in the Scottish Borders.
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Integrating Children and Young People (Integrating) has received £5,000 to fund the creation of a community-based money management project for children and young people with learning disabilities living in the Durham City and Chester le Street area.
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St Paul’s Family Centre has received £5,000 to fund educational sessions for families in the Bigyn and Tyisha area of Llanelli. The sessions will provide advice on healthy eating, budgeting, and help build parent’s confidence.
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(FCA Complaints Data – 01 January 2017 to 30 June 2017)
In line with the FCA complaints data reporting requirements, figures published today by Santander UK reveal there were 162,529 complaints received by the bank during the first half of 2017. This is a six per cent increase on the number reported for the second half of 2016, driven by a 25 per cent increase in PPI related complaints following regulatory announcements made in March 2017.
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Aldridge-based dentist Dr Amit Jutlla is set to successfully realise his dream of running a regional dental chain following the acquisition of a third practice in his home town, adding to his two current practices in Aldridge and Shrewsbury. Dr Jutlla received a £1.66 million funding package from Santander Business Banking to acquire and invest in the new outlet and is considering further expansion given the right opportunities.
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Greenock-based PG Paper Company Ltd, an international paper merchant and one of Scotland’s biggest exporters, is to target growth in South America following a £10 million funding package from Santander Corporate & Commercial.
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Edwards Coaches, the largest independent coach operator in Wales and one of the largest in the UK, has secured a £11.4 million funding package from Santander Corporate & Commercial to assist with the set-up of its recently purchased Avonmouth Depot and to fund 40 additional coaches. The funding will also support the recruitment of approximately 110 new employees.
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Families are prepared to spend an extra 12 per cent for their chosen school catchment address, adding £26,800 to the average UK property price
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One in five (20 per cent) of these parents had to change jobs in order to get their kids into the desired school
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44 per cent of all families who move to a certain catchment area say they will leave as soon as a school place is secured
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Over half of the Milton Keynes Santander Cycles are currently off the road, due to heavy vandalism
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Since the scheme launched in June 2016, over £200,000 worth of intentional damage has been done to the bikes
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Santander is currently reviewing the bike docking station locations and discussing the overall viability of the scheme
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Gainsborough-based dentist Dr Irfan Khokhar has purchased his first dental practice following £665,500 in funding from Santander Business Banking. Dr Khokhar’s Dencare Group has purchased Apex Dental Ltd and now has long-term plans to build a regional chain of state-of-the-art outlets.
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425km cycle from The North Sea to The Bristol Channel has raised £12,800 for Santander’s charity partners Age UK and Barnardo’s
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Thirteen employees took part in the cycle over three days with stops in Cambridge and Oxford
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- 133 Santander employees take part in ‘It’s a Knockout’ challenge to raise £19,205 for charity partners Age UK and Barnardo’s
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Brighton-based CT Dang Ltd, a rapidly expanding pharmacy group owned by three local siblings who are all qualified pharmacists, has purchased their second pharmacy in Brighton with the help of £1.3 million from Santander Business Banking.
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Manchester-based Flipbook Studios, a leading video content producer, is set to expand its workforce and relocate to larger offices following significant funding from Santander Business Banking.
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Five pupils from Prior Pursglove College, Guisborough join the bank for the summer to give them a career boost
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60 students in total from 10 UK locations will participate in summer work experience
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Placements support education charity’s ‘140 hours’ campaign
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London based Marcol Health has acquired Bracknell-based Medical Solutions, a provider of remote 24/7 primary care consultation services via a team of qualified GPs, after receiving funding from Santander Corporate & Commercial, including a Growth Capital loan, which is aimed at the UK’s most dynamic businesses .
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Today, Santander has announced the launch of Talking ATMs across its entire branch network in the UK. Customers now have the option to plug into the earphone socket on the front of the ATM to be guided through their transaction by voice assistance either with or without the use of the ATM screen.
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- 1|2|3 Lite Current Account to offer five per cent cashback for spend using Apple Pay, Android Pay and Samsung Pay1
- Enhances existing 1|2|3 Lite cashback offers for household bills
- Supports Santander’s innovative approach to reward customers
- 1|2|3 Lite Current Account to offer five per cent cashback for spend using Apple Pay, Android Pay and Samsung Pay1
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12 finalists of the Santander Universities Entrepreneurship Awards announced
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Top prize of £25,000 up for grabs
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National final will take place in London in October 2017
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- Sterling worth less than a year ago compared to almost all the most popular holiday currencies
- Average overseas holidaymaker expects to spend £757 while abroad
- Santander advises holidaymakers to think carefully about the payment method they use while abroad
- Sterling worth less than a year ago compared to almost all the most popular holiday currencies
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- Free four-year Santander 16-25 Railcard
- Quick and easy online openings with the ability to manage money on the go using with online and mobile banking
- Interest and fee free overdraft plus credit interest up to three per cent
- Free four-year Santander 16-25 Railcard
Press releases 2016
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Increased exports and innovation activity will drive UK car industry to new heights
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The ability of UK automotive manufacturers to harness new technologies – such as autonomous cars and fuel-efficient vehicles – will be key to the long-term success of the industry
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UK automotive sector saw year-on-year growth of £592 million of sales between 2014 and 2015 contributing £36.5 billion to the UK economy
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The Government needs to deliver an Industrial Strategy framework that ensures automotive investment remains anchored in the UK
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Santander’s Stoke on Trent branch in Hanley set up a ‘Santa&deer’ toy collection box in branch and saw around 60 toys donated by local families.
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Santander in Norwich set up a ‘Santa&deer’ toy collection box in both branches and saw around 70 toys donated by local children.
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Santander's branches within Camden and Westminster set up ‘Santa&deer’ toy collection boxes and saw around 60 toys donated by local children and staff.
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The Board of Santander UK has today approved a revised business model and legal entity structure to comply with the ring-fencing requirements in the UK.
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Santander has launched a new type of bank to help spread joy to less fortunate children this Christmas: ‘Santa & Deer’.
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Santander has launched a new type of bank to help spread joy to less fortunate children this Christmas: ‘Santa & Deer’.
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Nathan Bostock, Santander UK's CEO, made his first official visit to Ulster University yesterday to meet the Vice-Chancellor, Professor Paddy Nixon, the senior leadership team as well as students who have benefited from the bank’s financial support.
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A range of tailored services give customers the choice of how they want to bank
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State of the art digital facilities alongside a customer focussed design
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Stronger emphasis on community led initiatives
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Nathan Bostock, Santander UK's CEO visited the University of Nottingham yesterday to meet the Vice-Chancellor, Professor Sir David Greenaway, and to sign a new three year renewal agreement and further financial support for the leading UK academic institution.
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Santander UK notes the publication of the results of the 2016 stress tests conducted on seven major UK banks and building societies by the Bank of England.
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13 million adults (25 per cent) say they have been the victim of a scam, while three quarters (73%) say they are concerned about falling victim
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Study reveals lack of awareness around personal security with one in five younger Brits believing their bank would ask for their full PIN, password or security numbers
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Santander launches annual Scam Awareness Campaign providing customers with guidance on the most common types of scam and tips to stay safe
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Santander Universities announces additional £1.6m of funding to UK universities for 2016/2017 – bringing the total to £11.3m
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3,250 internships for SMEs, scaled up Santander Universities Entrepreneurship Awards and £400,000 fund for Widening Participation
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New Santander Cycles scheme on University campuses
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Nathan Bostock, Santander UK's CEO visited the University of Oxford yesterday to meet the Vice-Chancellor, Louise Richardson, and to sign a renewal agreement to confirm further financial support to the leading UK academic institution.
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Nathan Bostock, Santander UK's CEO, made his first official visit to the University of Exeter yesterday to meet the Vice Chancellor and senior leadership team as well as students who have benefited from the bank’s financial support.
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- Ceremony now in its 30th year
- Prize fund of over £25,000 in cash
- Winners to be announced at prestigious event on Wednesday 16 November at The Banking Hall, 14 Cornhill, London
- Ceremony now in its 30th year
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Britain’s manufacturers are set to pare back their investment in plant and machinery over the next two years in response to increased uncertainty about the demand outlook, according to a major annual survey of manufacturers published today by EEF, the manufacturers’ organisation, and Santander.
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To celebrate National Mentoring Day today, Santander has launched the Breakthrough Women in Business (WiB) Programme, a mentoring scheme for the next generation of female UK entrepreneurs in association with the award-winning social enterprise Cause4. The launch follows on from the huge success of Santander’s Women in Breakthrough mentoring programme in 2015.
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48% of cyclists1 said not being seen in the dark is the biggest factor in their decision to reduce cycling when the clocks go back
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Santander ambassadors Jessica Ennis-Hill and Jenson Button launch ‘The Blaze Witch Project,’ a Halloween themed film to support the rollout of Blaze LaserlightTM across all 11,500 Santander Cycles in London: http://bit.ly/SantanderCyclesBlaze
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First UK financial brand to release a customised emoji
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Exeter-based Trinity Fire and Security Systems Ltd, a leading provider of Life Safety and Security Systems, is expanding its workforce following a working capital funding package of £1.75 million from Santander Corporate & Commercial.
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A Cardiff-based pharmacist is to purchase his second pharmacy in Wales following a £1.198 million funding package from Santander Corporate & Commercial. Abdul Kowsor, a graduate from Cardiff University, now plans on building a regional pharmacy chain of up to 10 stores over the next decade.
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Bank staff cycle into the capital to present a cheque after two weeks of fundraising for Age UK and Barnardo's
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Event also marks the launch of Santander Cycles Business Accounts in branches
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Solihull private hire coach and chauffeur services company LandFlight is spreading its wings after investing more than £320,000 adding two new luxury vehicles to its fleet.
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Santander, which employs around 600 people in Glasgow, has been judged one of The Times Top 100 Graduate Employers for 2016-17.
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Santander, which employs over 400 people in Manchester, has been judged one of The Times Top 100 Graduate Employers for 2016-17.
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Santander, which employs almost 5,000 people in Milton Keynes, has been judged one of The Times Top 100 Graduate Employers for 2016-17.
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Leeds-based Trinity McQueen, an award winning market research and insight services agency, is targeting continued growth and international expansion following a funding package worth £2.5m from Santander Corporate & Commercial. A specialist in the retail, FMCG, digital, technology and finance sectors, Trinity McQueen’s consultancy based approach has enabled them to secure numerous blue chip clients, such as; Asda, Jet2, Boots, Royal Mail and TalkTalk.
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New All in One Credit Card offers balance transfer, cashback and no foreign transaction fees
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Zero Credit Card is re-launched offering no foreign transaction or cash withdrawal fees
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As part of the new range Santander Credit Card renamed Everyday Credit Card
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Enhanced Retailer Offers with five Welcome Offers of up to 25% cashback
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Durham University and Auckland Castle Trust to establish The Zurbarán Centre for Spanish and Latin American Art, a world-class beacon of excellence for the study of Spanish and Latin American art and culture.
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Santander is supporting the partnership with a £600,000 grant to Durham University – its largest single donation to a UK university.
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Durham University will contribute a further £1m over the next five years
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The partnership represents a joint ambition to expand and enhance the academic and cultural links between the UK, Spain and Latin America.
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It also forms part of a wider initiative using art to stimulate regeneration and public engagement.
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- Santander teams up with Crowdfunder to launch new £200,000 fund to support social enterprises and community projects across the UK
For the first time, one of the UK’s leading banks is partnering with a crowdfunding platform in an innovative collaboration to support social enterprises and community projects across the UK.
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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
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The application could be completed from start to finish within 30 minutes
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The application clearly outlines the steps involved, provides an instant decision and enables customers to upload their paperwork immediately
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Customers can save and retrieve their application, so they can start the remortgage process, then resume it at a time that suits them
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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
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This increases to £71,539 for those living in London, a 15 per cent hike
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Nearly a fifth of these parents had to change jobs in order to get their children into the desired school
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15 per cent settled in an area they didn’t like for the sake of a good school
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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
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Almost nine million adults (17 per cent) have missed a “transfer deadline” resulting in a late payment or transfer
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One in three (31 per cent) say they are worried about not having enough money in their account to meet their payments
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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
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Introduction of new arranged overdraft tiers on 1|2|3 and Everyday current accounts
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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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PREMIER ESTATES WINE ACQUIRES NEW HEAD OFFICE IN PRIME BIRMINGHAM LOCATION WITH £1.5 MILLION FUNDING
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.
- 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
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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
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325 employees take part from 30 towns and cities
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