Press releases

Condition Monitoring Group (CMG), a Devon-based manufacturer that specialises in vibration detection equipment for high-tech assets, has secured a seven-figure Growth Capital facility to acquire a SEMIA SA - a French manufacturer operating in the same arena.

NAS Corporation, a specialist aviation firm based in Salisbury, has secured a six-figure CBILS loan from Santander UK to help the business through the challenges presented by COVID-19. 

Santander UK and Personetics, the leading global provider of data-driven personalisation and customer engagement solutions and a Mouro Capital portfolio company (the successor fund of Santander InnoVentures, which has recently spun out of Santander), have launched a new digital solution called ‘My Money Manager’. 

Cambridgeshire based Rose Produce, an importer, exporter and distributor of fresh produce, has secured a £500,000 Invoice finance facility after flourishing through Covid-19.

Distinction Group is one of the largest family-run contract furniture manufacturers in the UK and has been fitting out hotels, offices and residential developments nationally and internationally for 30 years. In 2019, it moved its banking to Santander and was making investments in the long-term future of the business. 

Hunters Lodge, a boarding kennels and cattery based in Newport Pagnell, secured a £200k CBILS loan from Santander UK to support the business through the challenges brought about by coronavirus.  

• New home insurance quote process from Santander takes less than three minutes to get a quote online
• Simplifying and automating the process reduces the risk of claims being declined
• The move is the first initiative delivered as part of Santander and Aviva’s new strategic partnership announced in March 2020

New research from Santander UK reveals that ongoing concerns around coronavirus have taken their toll on UK business owners, with a third (33%) stating that working through Covid-19 has adversely affected their mental health.

Santander, through Santander Universities, is coordinating a £1million investment into a ground-breaking higher education employability programme that will unlock the potential of hundreds of autistic students and boost the neurodiversity of the nation’s workforce.

Plymouth City Council has secured an interest rate swap agreement with Santander UK locking into historically low interest rates, reducing the risk that future rate rises could impact on its capital expenditure plans.

Almost three-fifths (59%) of UK businesses are confident that they will see growth in the next three years, despite the difficulties they are experiencing due to the coronavirus pandemic, according to the latest Santander Trade Barometer published today1. The data ranks business confidence higher now than this time last year. 

Two top emerging entrepreneurs, and potential business success stories of tomorrow, have been unveiled at the tenth annual Santander Universities Entrepreneurship Awards 2020, a prestigious UK-wide entrepreneurial business pitching competition for students and recent graduates.

Launching ahead of National Poetry Day on 1 October, ‘Santander’s Scam Sonnets’ aim to raise awareness of investment fraud - which is when a fraudster offers a fake but convincing opportunity to make a profit by handing over a sum of money.

While post-lockdown has seen a boom in property sales, new analysis by Santander UK has revealed that UK homeowners are also looking to improve their homes, as they submitted 61,682 planning applications in the 13 weeks of lockdown.

Coventry-based Dunlop Systems and Components is a high profile, international business established in 1890. They design and manufacture advanced electronic control systems and air suspension components, specialising in supplying top quality products and systems to the automotive and ancillary industries. Their team are experts in air suspension products at component level up to fully integrated bespoke electronic control systems and export to over 20 countries around the world.

Marketing specialists, Purity Productions, has secured a £175k Coronavirus Business Interruption Loan Scheme (CBILS) package from Santander UK. This has enabled the business to continue servicing essential staff and production costs associated with the upcoming projects rescheduled from earlier in the year. 

Britain’s parents are using football statistics, road signs and calculating the cost of weekly shopping to ensure their children have increased confidence in maths, research by Santander has found.
 

Family fun restaurant Yamas Tapas and Meze opened in Nottingham in 2001. It’s so popular that owners, the Ktori family, had completed renovations to double its capacity just weeks before lockdown forced it to temporarily close. The restaurant applied to the Government’s Bounce Back Loan Scheme through Santander UK for funding to help safeguard the business through the lockdown. Its successful application was processed, and the funds made available on the same day. 

The critical importance of avoiding barriers to trade between the UK and the EU is highlighted today by new analysis which shows that manufacturing exports to the top six EU markets alone are worth around a third of total goods exports.

New research from Santander UK reveals that over a quarter of students currently run or plan to run a business whilst at university. The study – which polled 1,000 undergraduates from across the UK – found that almost one in ten (9%) entrepreneurs are already running a business alongside their studies, an increase from just 6% recorded in 2018, with an additional 18% of students saying they have plans to start their own business venture in the near future.