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Santander Weighs UK Exit Amid Regulatory Issues, Threatening Economic Stability
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- Santander reviews its UK operations, possibly considering a sale.
- The move raises uncertainty for 14 million UK customers.
- Strict regulations post-crisis are hurting Santander's profits.
- In October, Santander cut 1,400 UK jobs to reduce costs.
- Santander's exit could harm the UK's economic stability.
- Car finance scandal may lead to large compensation payouts.
- UK politicians pressured to reassure foreign investors.
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