News

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

On Thursday, 2 August 2018 the Bank of England base rate increased from 0.50% to 0.75%. As a result of this, we’re reviewing our interest rates. If you have a loan, overdraft, commercial mortgage or finance product read more here. If you have a deposit or banking product read more here.

On Thursday 2 November 2017 the Bank of England base rate increased from 0.25% to 0.50%. As a result of this, we’re reviewing our interest rates.
If you have a loan, overdraft, commercial mortgage or finance product read more here. If you have a deposit or banking product read more here.

A new £10 million property fund aimed at supporting smaller scale North East construction and property development projects has been launched. The North East Property Fund was conceived by FW Capital, the investment company based in the North of England, who will now manage the fund. It is backed by Santander and the North East LEP.

The deal, supported by funding from Santander Corporate & Commercial, signals a new cycle of growth and energy for the specialist provider of managed cleaning services and kitchen porters to the luxury hospitality sector.

Founded in 2006, ACT Clean is now the market leader in its niche sector. Its impressive, long-term client base ranges from fine dining restaurants, luxury hotels including The Ritz, Claridge’s and The Savoy, through to private members’ clubs and luxury retailers.

Funding Circle is set to be the first European peer-to-peer lender to have loans from its platform securitised, setting a precedent that could attract additional funding to the industry.

From 6 April 2016 banks and building societies will no longer automatically deduct 20% in tax from the credit interest that you receive.

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