You can find the latest Santander UK's news and press releases below.
From 2 November 2017, Santander UK will be increasing the rate on its Regular eSaver product from two point five per cent to three per cent for savings customers who are not part of 1I2I3 World1 or Santander Select.
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
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.
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
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.
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.
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.
(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.
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.
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.
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.
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
One in five (20 per cent) of these parents had to change jobs in order to get their kids into the desired school
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
Over half of the Milton Keynes Santander Cycles are currently off the road, due to heavy vandalism
Since the scheme launched in June 2016, over £200,000 worth of intentional damage has been done to the bikes
Santander is currently reviewing the bike docking station locations and discussing the overall viability of the scheme
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.
425km cycle from The North Sea to The Bristol Channel has raised £12,800 for Santander’s charity partners Age UK and Barnardo’s
Thirteen employees took part in the cycle over three days with stops in Cambridge and Oxford
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.
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.
Five pupils from Prior Pursglove College, Guisborough join the bank for the summer to give them a career boost
60 students in total from 10 UK locations will participate in summer work experience
Placements support education charity’s ‘140 hours’ campaign
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 .
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.
Increased exports and innovation activity will drive UK car industry to new heights
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
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
The Government needs to deliver an Industrial Strategy framework that ensures automotive investment remains anchored in the UK
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.
A range of tailored services give customers the choice of how they want to bank
State of the art digital facilities alongside a customer focussed design
Stronger emphasis on community led initiatives
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.
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
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
Santander launches annual Scam Awareness Campaign providing customers with guidance on the most common types of scam and tips to stay safe
Santander Universities announces additional £1.6m of funding to UK universities for 2016/2017 – bringing the total to £11.3m
3,250 internships for SMEs, scaled up Santander Universities Entrepreneurship Awards and £400,000 fund for Widening Participation
New Santander Cycles scheme on University campuses
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.
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.
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.
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.
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
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
First UK financial brand to release a customised emoji
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.
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.
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.
New All in One Credit Card offers balance transfer, cashback and no foreign transaction fees
Zero Credit Card is re-launched offering no foreign transaction or cash withdrawal fees
As part of the new range Santander Credit Card renamed Everyday Credit Card
Enhanced Retailer Offers with five Welcome Offers of up to 25% cashback
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.
Santander is supporting the partnership with a £600,000 grant to Durham University – its largest single donation to a UK university.
Durham University will contribute a further £1m over the next five years
The partnership represents a joint ambition to expand and enhance the academic and cultural links between the UK, Spain and Latin America.
It also forms part of a wider initiative using art to stimulate regeneration and public engagement.
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.
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.
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
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
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
(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.
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.
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
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.
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.
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.
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.
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
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
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.
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.
"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."