Santander UK issues warning about higher-for-longer rates.
M2 EQUITYBITES-October 26, 2023--Santander UK issues warning about higher-for-longer rates
(C)2023 M2 COMMUNICATIONS http://www.m2.co.uk
Global Banking News - 26 October 2023
Santander UK, the British unit of Spain-based Banco Santander (SAN.MC) has issued a warning against higher-for-longer interest rates.
In a statement, the bank said that such rates could affect households and businesses. The bank's comments came after it revealed increases in some borrower arrears. The bank has observed a slight...
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