Press releases

Four in five (82%) under 30s have fallen for purchase scams, losing a total of £625.35 on average¹

Milton Keynes residents are set to benefit from more than 40,000* hours of free cycling to celebrate the relaunch of the town’s popular Santander Cycles MK scheme by leading bike share provider nextbike.

British entrepreneurs and companies are lagging behind their global competitors when it comes to creating and securing their inventions, with an 8% drop in patents granted domestically in 2018 versus an increase in global (2%) and European patents (20%) granted.

Santander UK has today announced a range of new mortgage rates including its lowest ever five-year fixed rate deal at 1.49%. The new rates will be available in branch, by telephone, online and through brokers from Tuesday 22 October 2019.

Santander UK brought a fresh approach to fighting fraud to a workshop at Barnardo’s Employment, Training and Skills Service (ETS) specifically targeted at young adults from Bradford who are supported by the children’s charity.

On Wednesday 9 October 2019, Santander UK will officially open its newly refurbished branch at 18a High Street, Wickford, SS12 9AZ. It is the latest of Santander’s branches to be re-designed as part of a programme to deliver even better customer service and community-friendly banking.

Glasgow-based audio-visual integration specialist SSUK, has secured new international and local customers following a six-figure finance package from Santander UK.

• Winners of the Santander Universities Entrepreneurship Awards 2019 unveiled
• Cosi Care from Brunel University London and Scribeless from University of Bristol win top prizes of £25,000 funding

On Friday 11 October 2019, Santander UK will officially open its new branch at 11 Delamere Street, Crewe, CW1 2HR following a move from its previous site at Victoria Street earlier in the year. The new branch has been designed to deliver even better customer service and community-friendly banking. 

• Santander ranked in the Top 20 in the index for UK employers who have taken the most action to improve social mobility in the workplace

On Wednesday 2 October 2019, Santander UK will hold a community day for local residents at its newly refurbished branch at 60 High Street, Redcar, TS10 3DR. It is the latest of Santander’s branches to be re-designed as part of a programme to deliver even better customer service and community-friendly banking.

• Global launch of all-new digital platform to help businesses trade globally
• Fourteen partner banks to become signatories of the initial founder
• The digital platform is expected to host more than a million businesses worldwide by 2022

• Over a third of businesses have made no plans for Brexit, rising to 54% among businesses trading solely in the UK
• In response to Brexit, 46% of businesses are planning to reduce costs and a third to reduce headcount and increase prices. A fifth of businesses plan zero investment in the year ahead
• Four in ten businesses plan to increase trade with countries outside the EU – with the US, China and Australia topping businesses’ wish list for trade deals

• Cheltenham-based Cotswold Collections has secured £2 million funding package from Santander UK
• Funding will be used to invest marketing and to assist with establishing the brand  in new territories across US and Europe
• The funding should assist with up to 15 new jobs opportunities across the next three years

Sutton Coldfield-based Groomfield Recruitment is poised for significant growth as it secures new funding to diversify its offering. The recruitment agency took advantage of the Business Banking Switch (BBS), securing a £25,000 incentive funding as well as a £1.2 million invoice finance package from Santander UK.

• New research¹ reveals nearly six in ten aspiring homeowners think they would be able to borrow up to ten times their income for their mortgage 
• Three quarters mistakenly believe LTV stands for “Long Term Value” and refers to expected house price increases over time
• Three in five think “exchange” is when you hand over keys on moving day and 43 per cent expect to get any fees already paid refunded if a chain collapses
• Recent new homeowner and Jungle Queen Georgia “Toff” Toffolo shares the top things she wishes she’d known before buying her first home

Versatile Accountancy Services Ltd, an accountancy practice in Littleborough, Lancashire, has secured a funding package from Santander Business Banking to purchase premises. The move will allow the firm to increase in size and expand with two new hires and internal promotions.

Manchester based communications software provider Invosys has secured a £6.3 million funding package from Santander UK as part of its ambitious growth plans.

On Tuesday 10 September 2019, Santander UK will officially open its newly refurbished branch at 4 St Chads Parade, Kirkby, L32 8ZQ. It is the latest of Santander’s branches to be re-designed as part of a programme to deliver even better customer service and community-friendly banking.

• Santander and reformed fraudster Tony Sales uncover the social media hashtags designed to lure people into becoming money mules
• New research¹ from Santander reveals that almost a quarter (23%) of adults would be tempted to click on a money mule recruitment post, while one in four (24%) under 25s admit to having previously engaged with such a post
• One in ten Brits (10%) have been directly approached on social media by a fraudster wanting to use them as a money mule - with 18% of those confessing to have gone ahead with the transaction