Santander boss issues four-word statement as she breaks silence on UK exit fears
- Santander's potential exit from the UK could impact the mortgage market, experts warn, despite the bank stating it will stay.
- Santander UK is a major mortgage lender and recently cut rates on over 70 mortgage products, creating competitive rates for homeowners.
- Ana Botin, Santander's chairwoman, assured that the UK is a core market and has no plans to leave, stating, 'We love the UK.'
- Chancellor Rachel Reeves intervened in a court case to address concerns over compensation costs related to car finance mis-selling.
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No Santander plans to leave UK
Santander’s chairwoman Ana Botin declared that the Spanish bank had no intentions of leaving the UK. “We love the UK. It’s a co-market and will remain a co-market for Santander. Full stop,” Botin said during the World Economic Forum in Davos. Scotching rumours that the bank was planning an exit owing to the UK’s excessive red tape, she commented on the advantages of post-Brexit Britain. Source
·Spain
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Leaning Left3Leaning Right1Center5Last UpdatedBias Distribution56% Center
Bias Distribution
- 56% of the sources are Center
56% Center
L 33%
C 56%
11%
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