Press releases

Santander UK has today announced measures to provide additional financial support to customers facing financial difficulties as a result of Coronavirus.

Still Waters Green Technology (SWGT), a leading independent battery energy storage system (BESS) asset manager in the UK, is pleased to announce the £12 million non-recourse phase one financial close with Santander UK, of a 30MW utility-scale, subsidy-free BESS asset in Swindon.

Product designer Victoria Hamilton developed and founded Recoil Kneepads in 2013 after being inspired by her carpenter father, who suffers from arthritis and chronic pain. Developed for the professional trades and construction industry, Recoil Kneepads use a patented spring-loaded system that pivots, aiding movement. Scientific research has shown a 76% reduction in pressure on the knees with many users saying it’s like ‘kneeling on a cloud’. 

The Shore Group, a Hove based recruitment agency that provides temporary skilled workers to a range of sectors, has secured a £20m invoice finance facility and full transactional banking services from Santander UK to support the business through its next phase of growth.

The Barn Somerset, a destination beauty salon, has successfully used a £65,000 Coronavirus Business Interruption Loan (CBILS) to diversify its services and move online, generating £55,000 of sales in just four months during the first national lockdown. 

JR Gilbert Engineering, the precision engineering company based in South Wales, has secured a £650,000 invoice finance facility from Santander UK to support its next phase of growth.

Santander UK plc today announced the appointment of Paul Horlock as its new Chief Payments Officer.
 

New research from Santander UK has found that just over half (51%) of Brits say that, as a nation, we are too polite to take full advantage of savings and discounts. And half (52%) admit they are not a bargain-hunter or savvy shopper.

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.

Santander UK has today been ranked as one of the Top 75 employers in the Social Mobility Employer Index 2020, demonstrating its commitment to social mobility in the wake of the Covid-19 pandemic.

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.