Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag Santander UK's Q3 profits dropped 75% amid a court ruling on car finance commissions and planned job cuts.

flag Santander UK's Q3 profits fell by 75% to £143 million due to a £295 million hit from a court ruling on car finance commissions. flag The ruling requires dealers to fully inform customers about commissions, setting a precedent for the motor finance industry. flag Santander disagrees with the ruling and plans to appeal. flag The bank also announced over 1,400 job cuts in the UK. flag Moody's estimated lenders could face up to £30 billion in compensation costs related to the scandal.

17 Articles

Further Reading