Santander says 750 jobs are at risk because they are continuing to close the UK branches

British unit of the Spanish lender Santander Bank On Wednesday, 750 of its employees said who were at risk of repetition because it targets 95 branch closing

The decision is part of the wider bank’s plans to update its existence from June 2025 and will bring the Santander UK to 349 branches, including 290 integrated branches, 36 operating with low hours, 18 cafes free of work and five work cafes.

A UK spokesman said: “The closure of the branch is always a very difficult decision and we spend a long time to evaluate where and when we do so and how to reduce the impact that may have on our customers,” said Santander spokesman.

The bank also noted “a quick movement for customers who choose to carry out digital banking services”, noticing reporting a 63 % increase in digital transactions compared to a decrease of 61 % in transactions that have been conducted in the material branches since 2019.

Santander said it was advisory unions about the proposed changes. The bank employs about 18,000 full -time employees in the United Kingdom, according to the annual report of the British Unit.

Questions have risen on the future of Santander’s international imprint, just two decades of their acquisition of Abbey National to the front of the British street. At the beginning of the year, the Financial Times reported that the lender could consider getting out of its UK operations, which was refuted by the CEO of Santander, Anna Putin, repeatedly.

“The United Kingdom is a basic market of Santender and this has not changed,” CNBC spokesman said on Wednesday.

In October, Reuters mentioned Santander Hector Grisi CEO expected that the lender would lead to a trimming of more than 1,400 jobs from his British business by the time he ends the cost drive, without specifying a schedule.

The lender faced some turmoil in Britain, as an aspect of 295 million pounds (382.7 million dollars) was placed in November to cover the possible payments associated with a broader investigation in the industry in movements of movements.

Again in FebruaryThe largest lender in Spain was informed of the fourth profit in the fourth quarter of 11 % on an annual basis to reach 3.265 billion euros ($ 3.56 billion), and announced more planning plans for 10 billion euros (10.89 billion dollars) in shares resets from 2025 and 2026 and the expected excessive capital expectations.