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Santander to cut UK jobs, close branches despite record group profit

By Josh White

Date: Wednesday 30 Jul 2025

(Sharecast News) - Santander UK announced it was cutting more than 2,000 jobs and closing more branches on Wednesday as part of a sweeping cost-reduction programme, coinciding with a 5% fall in first-half pre-tax profit to £764m.
The cuts, driven by a push for greater automation and simplified operations, reflected the...

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