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Santander to axe 1,900 UK jobs

Updated on 12 December 2008

Source PA News

Spanish banking giant Santander is to axe 1,900 jobs in its three UK businesses next year under efficiency moves.

The job cuts will hit staff at Abbey, Alliance & Leicester and Bradford & Bingley, and compulsory redundancies have not been ruled out.

Head offices in London, Leicester and Bradford will be affected by the cuts, which are equivalent to 8% of Santander's UK workforce.

These news feeds are provided by an independent third party and Channel 4 is not responsible or liable to you for the same.

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