Santander warns of cost-cutting action as profits plunge 44%

High street lender Santander has signalled further possible job cuts and branch closures as it continues to slash costs after seeing profits nearly halve in 2020 (Mike Egerton/PA)
High street lender Santander has signalled further possible job cuts and branch closures as it continues to slash costs after seeing profits nearly halve in 2020 (Mike Egerton/PA)