Santander UK Owner Plans £430m Cost Cuts with AI Strategy

Banco Santander, the parent company of Santander UK, aims to achieve over £430 million in cost savings and more than one billion euros in extra revenues from AI between 2026 and 2028.

21 Jun, 23:01 — 21 Jun, 23:01

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The IndependentMostly Factual7d ago

Santander UK owner reveals plans to cut costs by over £430m under AI strategy

Banco Santander is targeting more than one billion euros (£860 billion) in extra revenues and cost savings from AI between 2026 and 2028

By Holly Williams

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Santander UK Owner Plans £430m Cost Cuts with AI Strategy

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Santander UK owner reveals plans to cut costs by over £430m under AI strategy

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