You can find the latest Santander UK's news and press releases below.
Santander employees from as far as Dartford, Essex and London came together in Milton Keynes last week to face off in a charity remake of the classic TV game show ‘It’s a Knockout’. The event was made up of a total of 285 employees in 32 teams, taking part in eight different challenges, including a basketball shootout, a chicken run and a human washing machine. This was all done in huge costumes and facing foam, water and other obstacles to raise money for Age UK and Barnardo’s.
Wigan-based Fleetsmart, one of the UK’s leading developers of hi-tech vehicle GPS tracking software for businesses, has doubled its office space in Wigan to cater for record demand for its products and services. The move, supported by a significant commercial mortgage from Santander Business Banking, will allow the firm to secure more contracts and employ additional staff.
Cheshire-based Reaseheath College, one of the UK’s leading specialist agricultural and horticultural colleges, has secured a £15 million funding facility from the education division at Santander Corporate and Commercial to increase the number of courses it offers, expand its student accommodation portfolio and grow the college’s reputation both nationally and internationally.
Basingstoke-based Southern Communications, one of the leading telecoms and data solution providers for UK SMEs, is to target further acquisitions in the telecoms and digital sectors following an increase in existing debt facilities from a syndicate led by Santander Corporate & Commercial, alongside HSBC and Aviva Investors (“Aviva”).
Child Action Northwest has received £5,000 to fund a part-time member of staff to work on the charity’s online counselling service aimed at supporting primary and secondary schools in Lancashire. The service will offer counselling sessions for young people aged seven to 15.
Bechange has received £5,000 to fund support for families in Aylesham and the surrounding areas to develop their financial skills. Bechange is a Dover-based charity which provides communities with support in areas including skills development, finance and housing. The funding will enable Bechange to reach more people who are struggling with managing their finances and help prevent further families from slipping into financial difficulty.
The Scottish Union of Supported Employment (SUSE) has received a £5,000 grant which will help provide free transport to enable its users to access its Edinburgh-based ‘Peer Support for Work’ Hub more easily.
Gro-Organic, a Birmingham based social enterprise that runs community gardening activities with schools and marginalised young people, has received £4,500 of matched funding from Santander’s innovative Changemaker Fund.
Swindon-based Excalibur Communications, a leading UK telecoms and IT solutions service provider, has undergone a Management Buy-Out (MBO) supported with significant funding from Santander Corporate & Commercial.
In his new role as UK Head of Automotive, Rail & Marine, Santander Corporate & Commercial, Sean will be leading the sub-sectors team to develop the proposition for UK manufacturers. Based in London, Sean will report to Paul Brooks, UK Head of Manufacturing for Santander Corporate & Commercial Banking.
Growing Better, a Leeds-based social enterprise which supports people living with mental illness through courses and work experience at its urban farm, has received £10,000 of matched funding from Santander’s innovative Changemaker Fund.
GoCode Academy, a Harrow-based community programme which runs after-school coding clubs and holiday technology camps, has received £10,000 of matched funding from Santander’s innovative Changemaker Fund.
Bloom Bakery and Catering, a Lewisham-based community programme which supports people looking to re-enter employment by teaching them food handling and bakery skills, has received £4,500 of matched funding from Santander’s innovative Changemaker Fund.
The management team at Mansfield-headquartered Express Hose & Fittings, a hydraulic and pneumatic hose manufacturer, has successfully completed a management buy-out (MBO) following £368,000 in funding from Santander Business Banking.
Santander’s Changemaker Fund has surpassed £1 million in matched funding and support from the crowd for charities, social enterprises and community projects across the UK. The Fund, in partnership with Crowdfunder, supports organisations looking to deliver social change in their local communities.
Wellington-based dementia care charity Reminiscence Learning has received a grant of £5,000 to help boost its outdoor dementia awareness courses for young people and activity courses for those affected by dementia across Somerset.
The Ship on the Shore, the renowned seafood restaurant in Leith, Edinburgh, has completed the redevelopment of a new bar area after receiving £550,000 funding from Santander Business Banking.
Community arts charity Inter-Action MK has received a grant of £5,000 to fund workshops in schools across Milton Keynes, with the aim of educating young people on democracy, the rule of law, individual liberty, respect and tolerance of those with different faiths.
Wells Community Hospital Trust has received £5,000 in funding to go towards a new outreach gardening programme delivered by the Nurture Project, a group that uses horticulture to improve the mental health of its participants. The project aims to provide year-round therapy sessions to adults with mild to moderate mental health issues, using supervised gardening to promote adult mental and physical wellbeing in a safe and friendly environment.
Welsh Hearts has received £5,000 to fund the installation of defibrillators in public places across Wales. The aim in providing public access defibrillators is to support local communities in dramatically improving the chances of survival for a person who is having a heart attack.
Golden Valley House Day Nurseries (“Golden Valley”), a family owned children’s nursery will be opening a third nursery and expanding to Bristol after receiving funding in excess of £1 million from Santander Business Banking.
Oldham-based HTF Transport Ltd, a leading haulage and logistics firm, has expanded its fleet with the purchase of a truck-mounted Palfinger Crane following a significant asset finance facility with Santander Business Banking. The vehicle will allow HTF to support an increased number of clients with a broader range of transport solutions, in line with the company’s UK growth strategy.
Acorns Children’s Hospice has received £5,000 to fund support groups for young people with life limiting and life threatening conditions. The charity offers a holistic service to meet the specialist needs of both the children and young people and their families, including the bereaved.
The Great Commission Society has received £5,000 to fund a project that aims to provide help and support to vulnerable young people, improve self-esteem, and dissuade them from engaging in antisocial behaviour. Those benefiting from this project are students aged between 11 and 16 based in Liverpool.
Tamworth-based The Malted Waffle Company, the UK’s leading waffle machine and waffle-based food product manufacturer, has secured funding from Santander Business Banking to help it start to export into international markets including Europe and the United Arab Emirates. The business is looking to capitalise on the strong momentum it has in the UK to expand overseas and capture new growth opportunities.
Nine of the UK's fast growth companies visited Chile and Argentina for a week-long trade mission in March organised by Santander UK. The firms, the majority from Cambridge and Anglia, undertook a series of exclusive meetings with buyers and distributors and attended events with a view to exporting to Chile, the UK's second-largest export destination in Latin America, and Argentina, which is focussed on improving trade relationships and removing barriers to increase exports and imports.
A Stevenage-based dentist has realised her dreams of owning her own business after receiving £600,000 in funding from Santander Business Banking. Dr Sonal Patel, a specialist in root canal treatment, cosmetic dentistry and preventative dentistry in children, has seized the opportunity to acquire Broadwater Dental Practice (“Broadwater”) in Stevenage just four months after joining the business in December last year.
RentalStep, a Liverpool-based rental platform helping tenants to boost their credit score, has been announced as one of six winners in the first round of the HM Treasury’s Rent Recognition Challenge. The firm, a client of Santander Business Banking and an early participant in Santander’s Liverpool-based business incubator programme, has won a £100,000 grant and the opportunity to bid for further funding from the remaining £1.4m prize pot.
Minds Matter, the retail arm of the national charity Mind, is piloting contactless donation terminals in 10 of its shops around the UK to bolster donations. The 12-month programme started on 16th February with the terminals funded by Santander Corporate & Commercial for the purposes of the pilot. Santander has been the banking partner for a number of Mind’s retail shops since 2014 and, if the pilot is successful, the contactless terminals could be rolled out across more of Minds’ shops.
The Institute of Competitive Socialising, a London-based leisure focused business, has opened its second Swingers crazy golf site in the capital following £3.5 million in funding from Santander Corporate & Commercial.
(FCA Complaints Data – 01 July 2017 to 31 December 2017)
In line with the FCA complaints data reporting requirements, figures published today by Santander UK reveal there were 183,758 complaints received by the bank during the second half of 2017. This is a 13.1 per cent increase on the number reported for the first half of 2017. This increase is partially driven by an uplift in PPI related complaints following the FCAs announcement and advertising campaign launched in March 2017, confirming the deadline for PPI claims to be made by 29 August 2019.
The Featherstone Rovers Foundation has been awarded £5,000 to fund a Street Sport project. The scheme is designed to tackle anti-social behaviour by engaging young people in sporting activity and is aimed at specific areas in Featherstone and Pontefract
Local charity, Independent Newham Users Forum – Mental Health (INUF) has received £5,000 to fund a filmmaking workshop. The sessions will introduce new software and equipment so that Newham based residents who have been previously diagnosed with a mental health condition can learn new skills.
Santander UK announces the launch of its new offer of up to £100 cashback on any of its investment products, including Santander Stocks and Shares ISA, between now and 15 June 2018. All 1|2|3 World, Select and Private customers can benefit from cashback of 0.5% (up to a maximum of £1001) on the total amount invested with Santander during the offer period.
Cheshire charity Hampers of Hope has received just under £5,000 to fund a Hope Centre, a local facility to help people in the Wilmslow and Handforth area who are facing financial difficulty. The centre will offer people support in job searches, cookery classes, as well as money management and information technology training courses
Mayday Trust has received £5,000 from Santander to fund a back to work programme for people facing barriers to entering the employment market in Northamptonshire and Oxfordshire. This includes those going through tough times such as experiencing homelessness, leaving care or coming out of prison.
The Workers’ Educational Association (WEA) has received £5,000 to fund a mobile information technology unit. The new unit will be taken into communities in West Sussex to teach basic computing skills to unemployed people, single parent families and the elderly.
Rumbletums Café has received £5,000 to enable them to recruit a Front of House Assistant and a Senior Training Support Worker to offer guidance in a work environment to young adults with learning disabilities in Kimberley, Nottinghamshire.
Nene Park Trust has received £5,000 to fund the conversion of a vehicle store into a fully equipped workshop, from which its volunteer team will be able to create a wide range of products for use across the Park, which is located to the West of Peterborough. These products will include bird boxes and feeders, fencing, planters and willow work sculptures.
The Willoughbridge Garden Trust, a charity set up to support the Dorothy Clive Garden in Market Drayton, Shropshire, is celebrating its 60th anniversary and to cater to its growing business it has selected Santander as its banking partner. Santander has extensive knowledge of the charity sector and will bring experience with managing specific challenges such as seasonal cash flow for the Garden, tea rooms and gift shop which are running at full capacity. The Trust plans to recruit and extra 15 part-time staff in the summer 2018.
In line with the FCA complaints data reporting requirements, figures published today by Santander UK reveal there were 206,122 complaints received by the bank during the second half of 2017.
Edinburgh based Ideal Electrical Solutions (UK) Limited (“IES”), one of Scotland’s leading electrical contractors, has secured a funding package from Santander Business Banking to support the expansion of its headquarter in Edinburgh. The firm has seen increased demand for its services and the new premises will allow for further growth.
Santander UK, via its merchant acquiring partner Elavon, will from the spring enable its business customers to join the growing European networks of well-known Chinese payment wallet providers, across e-commerce solutions.
Santander today announces the launch of a new fund designed to support the challenges and priorities of students or student groups across the UK. Students with projects in need of financial support can now receive matched funding through an innovative partnership between Santander and Crowdfunder.co.uk .
Ignite Trust, a Harrow-based community programme which provides activities and support for young people in the local area, has received £1,000 of matched funding from Santander’s innovative Changemaker Fund.
The mother and son team behind one of west London’s more successful jewellery businesses have been able to realise their dream of expanding the business following funding from Santander Business Banking. Rathy Jewellers, based in Wembley, has received significant funding from Santander Business Banking to refurbish its existing store and take over an adjoining shop for its new brand proposition, IMJ Imitation Jewellery.
Over 450,000 students currently run, or plan to run a business whilst at university
Student enterprises collectively generate revenues of £1 billion a year
A third plan to turn their business into a career when they graduate
Over a quarter (26 per cent) (1) of students currently run or plan to run a business whilst they are at university, according to new research from Santander Universities(2).
The 10,000 Hours Foundation, a Manchester-based community programme which promotes volunteer work among festival visitors, has received £2,500 of matched funding from Santander’s innovative Changemaker Fund.
Altruist Enterprises, a Birmingham-based social enterprise which provides stress management and mental health awareness training to organisations and schools, has received £5,000 of matched funding from Santander’s innovative Changemaker Fund.
Disability Today, a Surrey-based community programme which provides the disabled community with access to news products, services and organisations tailored for their needs, has received £5,000 of matched funding from Santander’s innovative Changemaker Fund.
Soccer Direct FC, the Black Country-based online football teamwear retailer, has secured significant funding from Santander Business Banking to facilitate the purchase of new premises following an extended period of growth and record revenues. The new headquarters – based at Lower Church Lane, Tipton – is double the size of the previous base to cater for a growing demand for its products and a potential increase in employee numbers in 2018.
Walsall-based G Simmons & Sons, the family-owned manufacturer of pork scratchings, pork crackling and related products, is to expand its premises to cater for record demand following £334,000 in funding from Santander Business Banking.
Local Leicester-based family independent opticians Opticare Midlands Ltd (“Opticare”) has purchased the freehold premises of an existing practice in the region, expanding its footprint to four outlets, after receiving funding from Santander Business Banking.
North Devon-based supplier of sustainable building and decorating products Mike Wye & Associates is building a specialist eco property to showcase innovative sustainable products and building skills following £250,000 funding from Santander Business Banking. Two additional members of staff have been hired in preparation for this project.
London-based Battery Energy Storage Solutions Ltd (“BESS”), a leading independent provider of power storage, energy security and energy flexibility services, has secured £28.5 million in funding from Santander Corporate & Commercial to execute its strategy of becoming one of the UK’s largest independent owners and operators of battery storage assets. The short term strategy is to build and operate a portfolio of 100MW of grid scale battery storage assets by the end of 2018.
Santander has today announced a £917million commercial real estate loan securitisation. The deal (which closed on 22 December 2017), a collateralised loan obligation, Red1 Finance CLO 2017-1 Designated Activity Company (Red1), is one of the first post financial crisis synthetic transactions of UK commercial Real Estate assets.
A father and daughter team of entrepreneurial pharmacists has acquired three pharmacies in Lancashire following a seven-figure funding package from Santander Corporate & Commercial. The acquisitions complement their four other established pharmacies in the UK, including O’Brien’s Chemist at the Fleetwood Health and Well Being Centre.
MESH, a community interest company which is setting up Plymouth’s first Library of Things, has received £3,710 of matched funding from Santander’s innovative Changemaker Fund. The library will enable people in Plymouth to borrow tools and equipment in a similar way to borrowing books from a traditional library.
The Together Project, a London-based community programme which runs activities that unite different age groups, has received £10,000 of matched funding from Santander’s innovative Changemaker Fund.
Madlug, a community-based social enterprise in Northern Ireland which helps children in care carry their personal possessions with dignity by providing them with a specially designed bag, has received £10,000 of matched funding from Santander’s innovative Changemaker Fund.
Evolve, a Birmingham-based community programme which provides educational and activity courses to support disadvantaged children, has received £5,000 of matched funding from Santander’s innovative Changemaker Fund.
Bromsgrove-based company Watertight Management Ltd, specialists in civil engineering and clean and waste water management services, is set to open new premises at Saxon Business Park in Bromsgrove following £522,000 in funding from Santander Business Banking
Swansea and London Borough of Hillingdon will see the arrival of new cycle hire schemes this spring, after Swansea University and Brunel University London won the Santander Cycles University Challenge. The schemes, which will be open to students, residents and visitors alike, have been awarded to the two universities after they came top in a nationwide competition.
From Monday, 4 December 2017, Santander for Intermediaries (SfI) will be introducing a soft credit check process across all its intermediated mortgage business, providing customers with the peace of mind that their credit rating will not be affected at the early stages of applying for a mortgage.
Santander employees from the Flyde Coast came head to head with colleagues from South Glasgow recently as they competed in a “Store Wars” fundraising challenge for the bank’s charity partners Barnardo’s and Age UK.
Santander employees from across London and the East of England came head to head recently as they competed in a “Store Wars” fundraising challenge for the bank’s charity partners, Barnardo’s and Age UK
A Santander employee from Manchester was part of a 40-strong team that travelled to Nepal earlier this month to build a school for the disadvantaged Moser community outside Pokhara, as well as raise funds for Age UK and Barnardo’s, the bank’s charity partners in the UK.
Santander UK today announces the appointment of Gerry Byrne as a Banco Santander, S.A. nominated Non-Executive Director of Santander UK with effect from 1 December 2017. He replaces Manuel Soto who will be stepping down from the Santander UK Boards on 15 December 2017.
Happy Days Nurseries, a chain of 18 children’s nurseries across the South West, has secured £8 million in funding from Santander Corporate & Commercial to develop up to 10 new nurseries over the next three years. The funding from Santander includes a specialist Growth Capital loan. These are aimed at the UK’s most successful, fast-growth businesses.
Harrogate-based Beaucare Medical, one of the largest independent suppliers of medical, nursing and hygiene supplies throughout the UK, has completed a successful management buy-out (MBO). This is supported by £3 million of funding from Santander Corporate & Commercial. The facilities include Santander’s Growth Capital funding, which is targeted at the UK’s most dynamic, fast-growth businesses.
Following the decision by the Bank of England to increase the base rate by 0.25 per cent to 0.50 per cent, Santander has reviewed its variable rates on its saving and mortgage products for existing customers and has announced the following changes today:
Stoke-on-Trent based Hallmark Sheet Metal Ltd, a leading manufacturer of hi-spec sheet metal products, has completed a successful management buy-out (MBO) following a combined £2 million funding from Santander Business Banking and UK Steel Enterprise (UKSE).
Bideford-headquartered Travel Chapter, a leading holiday lettings agency with over 3,500 high quality properties under management across the UK, has secured funding from Santander Corporate & Commercial to support the company’s growth strategy. Travel Chapter owns a number of leading online booking websites including its flagship brand, holidaycottages.co.uk.
Santander has today announced the appointment of Bart White as Head of European Infrastructure Debt Advisory at Santander Global Corporate Banking (SGCB). Bart will report to Alejandro Ciruelos, Head of Project & Infrastructure Finance and Debt Advisory in London and to Carlos Muñiz; Global Head Project & Infrastructure Finance and Debt Advisory in Madrid.
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.