UK equities trade at a 40 per cent valuation discount, and have a forward price/earnings ratio of 10.5x compared to the US market’s 26 ... We’ve retreated back to the centre, and the relative ...

Santander's review is part of a regular ... including scaling back Santander's business in Britain, the person added. "The UK is a core market for Santander and this has not changed," Santander ...