← Back

SANTANDER UK 8 5/8% NON-CUM STLG PRF

Santander UK plc provides banking and financial products and services to personal, business, and corporate customers in the United Kingdom through its subsidiaries. It offers current accounts, credit cards, insurance, loans, mortgages, savings, investments, and digital banking to individuals, and current accounts, credit cards, savings, borrowings, financing, insurances, and card payments to businesses. It also provides treasury, trade, and financing services to corporates. Formerly known as Abbey National Plc, it changed its name to Santander UK plc in January 2010, was incorporated in 1988, and is based in London, United Kingdom. It operates as a subsidiary of Santander UK Group Holdings plc.

Country
Price · split & dividend adjusted
News & notes moving SANB.LSE
SANB.LSE▲

Santander UK halts branch cuts until 2028

Santander UK will not close any additional branches in its own network or in that of recently acquired TSB before 2028. Chief executive Mahesh Aditya said branches remain an important part of the group's strategy, committing to keep 305 Santander sites and 175 TSB sites open across the UK for at least nearly another 18 months. The move follows an earlier round of closures this year that marked 44 locations for closure and placed 291 roles at risk. Aditya, who succeeded former chief executive Mike Regnier on 1 March, said the group aims to combine leading digital services with personal support and does not intend to close any additional Santander or TSB branches before 2028 at the earliest. Santander UK completed its purchase of TSB from Sabadell in May, a cash deal valued at £2.65 billion, as it targets a return on tangible equity of 16% by 2028.
BNC.LSE ▲
Retail Banker International·57dRead more →
SANB.LSE

Santander contacts almost 150,000 customers under strain from energy bills

Santander UK has reached out to nearly 150,000 customers it expects to be most severely affected by soaring energy costs. The bank identified 146,000 vulnerable customers likely spending more than 10% of their monthly income on energy payments after the July price cap increase, contacting them via email and its mobile app to offer support. A team of around 400 financial and customer care specialists is providing tailored budgeting advice and help for those in serious arrears. The move comes as the Iran war drives up energy prices, with the price cap forecast to rise by 2% in October from £1,862 to £1,906 a year, adding further pressure on households.
BNC.LSE
Yahoo Finance UK·58dRead more →
© 2026 MarketDXAsset