Sally Morris asked if she could spot the trick that Santander pulled last week

Santander said it was acting proactively as it slashed one of its top savings rates by a massive 20%. Santander, which has more than 14m customers, said it had more than 15% of its savings rate cut. It slashed the rate by 20% last week and said it is 'acting proactively' to save customers.

Santander said it was acting proactively as it slashed one of its top savings rates by a massive 20%. Santander, which has more than 14m customers, said it had more than 15% of its savings rate cut. It slashed the rate by 20% last week and said it is 'acting proactively' to save customers.