Out of the 334 employees, the transformation programme for ‘Santander Operations’ is affecting 235 employees in Bootle, a small town in Merseyside, England. The Guardian … www.santander.co.uk. © Copyright 2021 Verdict, a trading division of Progressive Digital Media Ltd. 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The coronavirus crisis has been an unprecedented struggle for workers across the UK. Yes, UK taxpayers will be footing the bill for RBS to pay customers to move to Banco Santander, a bank with a huge, global SME business and recipient of Euromoney’s best bank in the world for SME’s award this year.Its recent acquisition of Banco Popular makes it number one for SMEs in Spain, while its UK business already contributes 20% of group profit, behind only Brazil at 21%. It's hoped some affected employees will opt for voluntary redundancy, and that others will find new roles in the company. 10.09.2020 The UK retained its position as the ninth leading manufacturer and tenth in terms of global exports with output totalling £191bn in 2019 – a growth of 7% over the last five years. Redundancies reach record high in three months to October. BusinessLive is your home for business news from around the North West- and you can stay in touch with all the latest news from Greater Manchester, Liverpool City Region, Cheshire, Lancashire and Cumbria through our email alerts. Madrid, 23 March 2020 Banco Santander has today pledged to keep all job positions functioning in both its corporate centres and throughout its branch network in Spain. “As such, although the number of employees affected by this part of Santander Operations’ ongoing transformation is substantial – with Bootle being disproportionately affected – we are hopeful we will be able to mitigate and avoid compulsory redundancies because there will be employees who want to voluntarily take the redundancy package, but more importantly substantial numbers of alternative roles are already on the table.”. Retail Banker International is a product of Verdict. Chief executive Nathan Bostock’s pay … Managers are helpful and will go out their way to give you advice as long as you ask them. Registered in England and Wales. Registered Office: 2 Triton Square, Regent's Place, London, NW1 3AN, United Kingdom. Details regarding the supplier were not disclosed. By bringing together North West coverage with that from across Reach’s titles in England and Wales, BusinessLive will shine a spotlight on the entrepreneurs, the stars of the future and the small firms that are the backbone of our economy. More high street retailers have announced plans for redundancies. “Affected members will be kept fully updated as the formal consultation progresses, and anyone with questions or concerns should contact their local representative in the first instance.”. Santander plans to close nearly one in five of its bank branches in the UK, putting more than 1,200 jobs at risk. The Employee Handbook, along with your contract of employment and our People Policies, is your essential guide about working at Santander. Lloyds Banking Group … Redundancies reached a record high of 370,000 in the three months to October 2020, official statistics reveals. You can sign up to receive daily morning news bulletins from every region we cover and to weekly email bulletins covering key economic sectors from manufacturing to technology and enterprise. A Santander spokeswoman said on Wednesday: “We are proposing some changes which will affect a number of colleagues in our Santander operations department to create a simpler structure allowing us to serve our customers better. Most Merseyside staff have worked from home since the lockdown began in March, during which time the bank "sought the views of colleagues across the bank on working arrangements". UK coronavirus job losses: the latest data on redundancies and furloughs As we progress through the pandemic, tens of thousands of people are being made redundant. The true impact of the coronavirus (Covid-19) pandemic on the UK’s workforce continues to bite. And we'll send out breaking news alerts for any stories we think you can't miss. The new legislation of The Employment Rights (Increase of Limits) Order 2020 was laid to Parliament on 3rd March 2020 and the changes will come into force on 6th April 2020. The Communications Workers Union (CWU) has expressed its concern on the decision. A statement from the Communications Workers Union (CWU) described the news as "concerning", but said "substantial" numbers of alternative roles are already on the table for those affected by the announcement. More than 12,000 people in the UK are set to lose their jobs after a raft of firms announced cuts in the past 48 hours. In September, Santander said £75m plans to demolish and redevelop its Bootle base were on hold while it considered the impact of the coronavirus. Sometimes they’ll include recommendations for other related newsletters or services we offer. Santander CWU national officer Sally Bridge said: “The union’s Santander National Team is obviously concerned by these proposals but our primary focus is on identifying and firming up alternative roles for all impacted members in Bootle who do not wish to take redundancy package. The jobs of over 300 employees at banking giant Santander are to be put at risk as part of the firm's transformation plans. Santander UK plc. Calls may be recorded or monitored. 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