Santander to cut more than 1,400 jobs in UK amid increasing automation
by PA Media from on (#6RV19)
News of redundancies comes as UK division delays publication of results after car finance court ruling
Santander is cutting more than 1,400 jobs across its UK business this year as part of its efforts to reduce costs.
The Spanish bank's chief executive officer, Hector Grisi, confirmed the cuts as its UK division delayed publication of its latest financial results to consider the impact of an influential court ruling linked to commission on car finance.
Continue reading...