News

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

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.

Leicester-based Nylacast Ltd, an award-winning leader in engineering polymers, is to increase its global expansion programme and open a new production facility in China following a £12 million funding deal from Santander Corporate & Commercial.

Dutch pension fund manager PGGM will today complete a €2.3bn trade to insure loans of Santander, in a deal that underlines the growing appeal of exotic financial instruments in an ultra-low interest rate environment.

The European Payments Council has outlined plans for a new pan-European instant credit transfer scheme, which aims to bring real-time money transfers across the single euro payment area (SEPA) region.

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