Press releases

Following the Bank of England Base Rate reductions in March, from 7 July 2020 Santander will be reducing the in-credit interest rate for its 1I2I3 Student Account and changing the way the in-credit interest is tiered on its 1I2I3 Mini Account. Both accounts will also start paying interest on balances below £100. 

Sending money abroad digitally has become a staple for millions of people as globalisation and technology are flourishing. And with our financial needs evolving, Santander aims to innovate and fill in the gaps in international payments through One Pay FX and PagoFX – the international money transfer services that form part of the banking group’s digital ecosystem.

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

Santander UK has introduced a wide range of new measures designed to provide financial support for personal and business customers during the Coronavirus crisis.

The Santander Foundation today announced a £1miilion donation to Age UK and Alzheimer’s Society to support some of the most vulnerable people in the community following the outbreak of COVID-19.

Following today’s decision to decrease the Bank of England base rate by 0.15% to 0.10%, Santander can confirm it will be passing on the full rate cut to its Standard Variable Rates (SVRs) and its Follow-on Rate. The 0.15% reduction will also be reflected across its base rate mortgage trackers.

Santander for Intermediaries is today announcing changes to the procuration fee paid on residential and buy-to-let mortgages. The changes will apply from 1 May 2020. 

Santander UK has today announced new measures and guidance to support customers during the Coronavirus outbreak. 

Santander UK plc today announced the appointment of Tony Prestedge as Deputy Chief Executive Officer. 

Today, 5 March 2020, Santander and Aviva have agreed to continue their partnership to provide home and life Insurance to UK-based customers. 

(FCA COMPLAINTS DATA: 1 July – 31 December 2019)
Figures published today by Santander UK show there were 322,407 complaints received by the bank between 1 July and 31 December 2019.

Santander has today begun construction on its state-of-the-art new campus in Milton Keynes, as Chief Executive Nathan Bostock, alongside Iain Stewart MP for Milton Keynes South, took part in a ground-breaking ceremony at the new site. 

A staggering 81% of 11-18-year olds are unable to name a single female entrepreneur, according to new research1 from Santander.

On 28 February, Santander UK will officially open its newly redesigned branch at 20 Maidenhead Street, Hertford, SG14 1EA.  The new look branch has been designed to deliver even better customer service and community-friendly banking. 

On 20 February, the launch date of the polymer £20, Santander will carry stock of the new note at 12 branches: Birmingham, Bradford Nelson Street, Cardiff, Leeds, Leicester, Liverpool Lord Street, London Triton Square, Tottenham Court Road, Moorgate, Margate, Milton Keynes and Newcastle¹.

Formby-based MGYM Personal Training, an independent gym owned by an ex-professional footballer, has expanded following a funding package from Santander Business Banking.

On Friday 14 February 2020, Santander UK will officially open its newly redesigned branch at 116 London Road, Headington, OX3 9AS.  The new-look branch has been designed to deliver even better customer service and community-friendly banking. 

On 13 February, Santander UK will officially open its newly redesigned branch at 11 Town Centre, Hatfield, AL10 0NY.  The new look branch has been designed to deliver even better customer service and community-friendly banking.

• Twelve UK fashion and beauty firms will visit US departing today (3 February)
• Pop-up shop in New York to host the twelve brands in three-day event
• Trade mission arranged by Santander UK, The Bonfire Group, The New Stand and Department of International Trade (DIT)

Santander UK has been awarded Top Employer status in the UK for the fifth year running.