00:00Hello, my name is Greg Wright. I'm the Deputy Business Editor of the Yorkshire Post and here are your headlines for this morning.
00:08Santander is cutting more than 1,400 jobs across its UK business this year amid ongoing efforts to cut costs.
00:17The Spanish bank's chief executive officer, Hector Grisi, confirmed the significant cuts as its UK division delayed the publication of its latest results,
00:28following an influential court ruling linked to car finance.
00:32Mr Grisi told a press conference the company is cutting 1,425 jobs in the UK as it pushes forward with efforts to automate more parts of its operations.
00:44It's understood the job cuts are largely completed and expected to finish by the end of 2024.
00:51My name is Greg Wright. I'm the Deputy Business Editor of the Yorkshire Post.
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