Santander UK tipped for ‘large’ hike to motor finance provisions Banking Santander UK is expected to top up its provisions for the motor finance scandal following the final outline of the financial watchdog’s redress scheme. The Spanish-headquartered banking giant has been one of the most vocal critics throughout the scandal, which relates to the use of discretionary commission arrangements (DCAS) in car financing. Banks were accused [...]
Is the motor finance scandal making City banks trim the fat? Banking The motor finance scandal is reshaping the banking sector, in this week’s column Samuel Norman takes a look at how lenders are responding. In the fallout of the multi-billion pound motor finance scandal, bank bosses are getting their house in order. The landmark saga, which began with the UK’s financial watchdog’s review into the market [...]
MEET THE FINALISTS Meet the 2025 Santander X Awards finalists. These nine businesses will pitch live at the National Final at Unity Place, Santander UK’s headquarters in Milton Keynes, on 13 November. This year’s panel of judges includes Mike Regnier, Santander UK Chief Executive, Claire Williams, former Williams F1 boss, and Deborah Meaden, Businesswoman and Entrepreneur. PulpaTronics PulpaTronics [...]
Santander X – Ana Botin November 12, 2025 At Banco Santander, in the past 10 years we have developed a global proposition focused on three core pillars: education, employability and entrepreneurship. We are truly committed to these goals in close partnership with universities, entrepreneurs and small businesses across the world. In 2024 alone, over 50,000 businesses engaged with Santander X Awards, our long-standing [...]