**Santander Reports 14% Increase in Pre-Tax Profits, Plans Additional Cost Reductions**
Santander, the Spanish-owned banking group, announced a 14% rise in pre-tax profits, reaching £1.51 billion for 2025. This growth occurred despite challenges in its motor finance division, which faced another setback during the period. The bank also revealed plans to implement further cost-cutting measures as part of its strategy to …