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• 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

• Annual output worth £192 billion to the economy overall
• Exports to EU more than double the value of those to the US
• Manufacturing still in the driving seat when it comes to exports and R&D
• World’s 10^th largest exporter and 7^th largest for trade
• Average pay in manufacturing remains significantly higher than services and economy overall
• UK remains in top ten manufacturing nations at ninth place

(FCA COMPLAINTS DATA – 1 January – 30 June 2019)

Figures published today by Santander UK show there were 172,332 complaints received by the bank between 1 January and 30 June 2019.

• Only lender to offer first-time buyers a free home condition report worth over £500
• HomeFact condition report offered on selected 2-year and 5-year fixed rate first-time buyer products, with rates starting from 1.39 per cent
• Available exclusively in branch and across telephone channels

• Sales of UK manufactured fruit and vegetable juice surge 17% year-on-year while beer sales fall 16%
• Food industry remains the largest UK manufacturing sector, contributing £71.8bn in sales overall
• Sales of UK manufactured goods hit a record £390.1 billion, up 2% year-on-year

On Thursday 22^nd August 2019, Santander UK will officially open its newly refurbished branch at 9 Folly Hall Road, Wibsey, BD6 1UL. 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.  

• House price premium paid for living close to a top 100 state secondary school in England has dropped by £32,100 in the last year amid property market slowdown
• More than one in four (26%) parents would be happy to pay a premium for a house in a good school catchment area
• 22 per cent of parents start thinking about their child’s school as soon as they are born, while seven per cent consider schooling when they first start planning a family

Santander is set to open its first Midlands-based lounge for its Private Banking, Select and Business customers at Unit 6, Caxton Gate, Corporation Street, Birmingham B2 4LP on 19 July 2019. The dedicated area will provide the bank’s new and existing Private Banking, Select and Business customers, with access to all its wealth solutions in one convenient place. It is the second of Santander’s Private Banking lounges to open in the UK and underlines the bank’s commitment to customers in the local community.

Banco Santander and Credit Agricole today announced that they have signed a memorandum of understanding (MOU) to develop clients (SMEs and Midcaps) mutual referral, thanks to the strong correlation of their domestic and international networks. The MOU was signed by Fernando Lardies, Global Trade Services Lead on behalf of the Santander Group and Didier Gaffinel, Head of Global Coverage & Investment Banking Crédit Agricole CIB, for Crédit Agricole Group.

Almost three quarters (70%) of high-growth businesses in the UK are confident in their ability to handle the impacts of Brexit, compared to just half (49%) of lower-growth businesses, according to latest Trailblazers survey commissioned by Santander¹.
 

• Research from Santander shows today’s student is more likely to spend money on going out for brunch than pot noodles¹
• One in five students are teetotal and over half have a gym membership (56%)
• To finance their spending 40% have term time jobs and over a third rely on money from family

Cardiff based Engineered Performance Coatings is targeting international growth and hiring new staff after receiving a £1.5 million funding package from Santander Business Banking.

• Santander partners with National Numeracy over three years with a focus on strategic activity to help tackle financial inclusion in the UK
• Bank to provide £200,000 donation each year to help raise awareness of the importance of numeracy across the country
• 40 per cent of Brits – 20.4 million – don’t feel fully confident with everyday budgeting and money management 

• New research from Santander Mortgages reveals the homeownership dream is at risk of dying for all but the wealthiest young buyers over the next decade unless urgent action is taken by Government and industry
• Santander forecasts that by 2026 just a quarter of under 34s will own a home – down from half in 2006¹
• Largest ever study of potential first-time buyers finds 91% still aspire to own a home, but 70% believe the homeownership dream is over for young people²
• 73% believe the Government should do more to help first-time buyers