Evening Standard
Evening Standard
  • 5 hours ago
Santander is cutting more than 1,400 jobs across its UK business this year amid ongoing efforts to reduce costs.The Spanish bank’s chief executive officer Hector Grisi confirmed the significant cuts as its UK division delayed the publication of its latest financial results following an influential court ruling linked to car finance.Mr Grisi told a press conference on Tuesday that the company is cutting 1,425 jobs in the UK as it pushes forward with efforts to automate more parts of its operations.It is understood that the job cuts are largely completed and expected to finish by the end of 2024.The company had 21,812 workers in the UK at the end of September, according to its latest financial report.

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