News

Read the latest Santander news articles and press releases that are relevant to your business sector.

On 16 September, Santander’s specialists were joined by Retail Economics CEO, Richard Lim, in a webinar to discuss how to manage currency risk in the run-up to the end of the year. This article considers some of the issues that were discussed.

While Society of Motor Manufacturers and Traders (SMMT) figures showed that new car registrations rose by more than 11% in July, more recent statistics show that the UK’s used car market declined by almost half in the second quarter of the year, with only 1m units changing hands.

Aerospace manufacturing declined by 26% in the second quarter of 2020, the largest slump on record.

New data from Retail Economics suggests that retail sales continued to rebound during July, the first full month in which most non-essential retailers were able to welcome shoppers since the beginning of lockdown.

The Government has announced it’s to invest £27.4bn in the UK’s roads network as ministers continue to look for ways to support the economy in the wake of the coronavirus pandemic and Brexit.

The critical importance of the UK agreeing a deal with the EU which avoids barriers to trade is highlighted today by new analysis which shows that manufacturing exports to the top six EU markets alone are worth around a third of total goods exports.

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