Santander UK profit slides after motor finance reserves balloon

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Santander UK’s profit took a knock in the first quarter of the year after the bank made another hefty top up to its motor finance provisions.

The UK arm of the Spanish banking giant booked a £202m pre-tax profit for the first three months of 2026.

This was down 44 per cent from the same https://www.cityam.com/santander-uk-profit-slides-after-hiking-motor-finance-reserves/">[...]

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