Times Online (Free subscription) | yesterday
Santander, the Spanish owner of Abbey and Alliance & Leicester, looks set to miss its ambitious €10 billion (£9 billion) profit target for 2008 after sustaining hits from Bernard Madoff’s alleged $50 billion swindle and the collapse of Lehman Brothers.$
The Independent (Free subscription) | yesterday
Every month I receive a mortgage statement from the Alliance & Leicester, and every month I am gobsmacked. Gobsmacked, that is, because, like most people, I expect my bank to treat me unfairly at every possible opportunity – and yet they haven't. I have a tracker mortgage, and I fully anticipated some clause hidden away in the loan agreement to deprive me of the, now monthly, mortgage reductions the...
HotUKDeals (Free subscription) | 05/01/2009
Found by White Knight , Alliance & Leicester Current Account Deals Same offer that was on until end of Oct 2008. I have been waiting for this to come back around as I missed it the first time. It has restarted today. Below is the link for the previous listing for the October offer. http://www.hotukdeals.com/deal/202600/alliance-leicester-100-to-switch-cu/ Basically if you transfer your account you...
Banking Times: Daily Banking News (Free subscription) | 04/01/2009
Alliance & Leicester (A&L) is launching new current accounts on 5th January and offering £100 cashback to customers who open a Premier or Premier 50 account. Existing A&L account holders are excluded from the deal as are Abbey customers, both banks being owned by Santander. The Premier Current Account pays 1% on balances up to £2,500, [...]
This is Money | Home (Free subscription) | 03/01/2009
Alliance & Leicester has kick started a current account battle by offering £100 cashback, a 12-month interest-free overdraft and 6.5% interest to new customers
The Independent (Free subscription) | 03/01/2009
One of my colleagues has a tracker mortgage with Alliance & Leicester, taken out at the height of the mortgage boom, which fixes his interest rate at 0.31 per cent below bank rate and has no "collar" or "floor" to prevent the rate falling to zero if that's where bank rate ends up. With interest rates now falling like a stone – the Bank of England is expected to cut them again next week – he's laughing...
Banking Times: Daily Banking News (Free subscription) | 15/12/2008
Spain’s Grupo Santander has announced 1,900 job losses across its UK subsidiaries: Abbey, Alliance & Leicester and Bradford & Bingley. The cull, which will take place during 2009, represents 8% of the group’s UK workforce and could involve compulsory redundancies. It aims to achieve cost savings of £180 million by the end of 2011, largely [...]
Signs of the Times (Free subscription) | 13/12/2008
Santander, the Spanish owner of Abbey, Alliance & Leicester and Bradford & Bingley, is to cut 1,900 jobs at the three British banks next year. A mixture of compulsory and voluntary redundancies are expected, though talks with the four unions representing staff have only begun today. The bank stressed that the job losses were not in reaction to the financial crisis but part of the planned £180m of annual...
Globe and Mail (Free subscription) | 13/12/2008
Banco Santander SA said yesterday it plans to cut 1,900 jobs in its three British businesses to reduce costs. Santander said the cuts, representing eight per cent of the work force at subsidiaries Abbey, Alliance and Leicester and Bradford and Bingley, will have a minimal impact on customer-facing roles. The bank said the job losses are part of its commitment to cut costs by & 180-million ($335-million)...
The Guardian (Free subscription) | 13/12/2008
Santander added to the gloom in the finance industry yesterday when it announced a cull of 1,900 jobs in its three British businesses - Abbey, Alliance & Leicester and Bradford & Bingley. The Spanish bank said the axe would fall on staff based at offices in London, Leicester and Bradford. Unions said the job cuts, which are equivalent to 8% of Santander's 23,000 UK workforce, were "a bitter blow"...
The Independent (Free subscription) | 13/12/2008
Banco Santander, the Spanish owner of Alliance & Leicester, Abbey and Bradford & Bingley's saving business, plans to cut 1,900 British jobs next year, adding to the toll the credit crunch has taken on financial workers.
Liverpool Echo.co.uk (Free subscription) | 13/12/2008
STAFF at Bootle’s Alliance & Leicester Commercial Bank face redundancy after parent company Santander announced plans to shed 1,900 staff next year.
euronews24 (Free subscription) | 12/12/2008
The losses, which amount to about eight percent of Santander's British workforce, will affect lenders Abbey, Alliance and Leicester, and Bradford and Bingley.Santander acquired the latter two banks earlier this year as the credit crunch takes its to
PCS RSS (Free subscription) | 12/12/2008
PCS branded today's announcement by Santander to cut 1,000 jobs in Alliance and Leicester as a bitter blow for hardworking staff before Christmas.
The Guardian (Free subscription) | 12/12/2008
Spanish bank Santander today added to the gloom in the finance industry as it announced a cull of 1,900 jobs in its three UK businesses - Abbey, Alliance & Leicester and Bradford & Bingley. The company said the axe would fall on staff based at offices in London, Leicester and Bradford as it searched for efficiency savings. Unions said the job cuts, which are equivalent to 8% of Santander's 23,000...
