Press releases

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.
 

In 2018 the business secured a £980,000 funding boost from Santander to finance its expansion plans. It has now successfully secured a 25-year lease from Chorley Council for its second nursery. This month, the £50k loan from Santander UK will enable Buckshaw Bunnies to make improvements to its new Little Manor Day Nursery at a time when many early years settings are facing challenges from coronavirus. 

Barrow-upon-Humber based business, Holistic Fire Safety Limited, has secured a £25k Bounce Back Loan from Santander UK to meet growing demand as workers across the UK return to the office.

Bustling Belfast restaurants, Chubby Cherub and AMPM, have secured £150k and £190k respectively through the Coronavirus Business Interruption Loan Scheme (CBILS) package from Santander UK. The funding will be used to help manage ongoing cashflow issues, which were compounded due to lost revenues during Covid-induced closures.

Clayton Glass Limited, one of the UK’s largest glass manufacturers, has secured new funding from Santander UK to support its growth following the acquisition of Global Glass brand in October 2019.  

New research from Santander UK reveals the Covid-19 pandemic shows consumers want to actively support their local businesses with increased spending, as findings reveal, on average UK adults are now willing to spend an extra £30 each month with small businesses.

Leading self-invested pension specialist (SIPP), Curtis Banks, has secured a £30m finance facility to acquire Dunstan Thomas Holdings Limited (DTG), a fintech specialist.

It’s a start to the university year unlike any before, but as thousands of young adults across the UK prepare to embark on their journey into higher education, one thing hasn’t changed - Santander continues to offer them its 1|2|3 Student Current Account uniquely tailored to their needs.

From 27 October Santander will change two household bills categories where customers receive cashback on bills paid from the 1I2I3, 1I2I3 Lite, Private and Select Current Accounts. The monthly fee for the Santander 1I2I3 Lite account will be increased from £1 to £2 per month on the same date.

New research from Santander UK reveals that a third (32%) of the UK’s SMEs who implemented changes plan to make their Covid-19 adaptations a permanent feature post-pandemic as almost half found they not only survived, but actually grew their customer base during Covid-19.