Santander confirms 400 new UK jobs
Spanish banking giant Santander, the owner of Abbey, Bradford and Bingley and the Alliance and Leicester, has today confirmed a further 400 new jobs in the UK. The 400 jobs will be in call centres in Liverpool, Leicester and Glasgow and are on top of the 600 jobs announced in July. It seems that Santander is now making a major push for the UK market at a time when many UK banks are pulling back on their investments and their workforces.
There is no doubt that Santander has benefited from a lack of trust which many UK consumers and businesses have for the traditional high street operations. This is despite the fact that Santander has been operating in the UK under various names for many years now. It will be interesting to see how the new Santander brand performs in the UK because over the last few weeks we have seen talk of complaints about the level of service offered by Santander branches.
When you consider that Santander has a cumulative 25 million customers in the UK and over 1300 branches it is easy to see how the company is becoming a major player. This comes just after reports that the company is looking to spin off its UK division in 2011.
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