Santander flotation remains on hold
High street lender Santander UK has said a stock market flotation is unlikely until next year or 2015 as it reported a fall in annual profits.
The Spanish-owned group was forced to shelve plans to float the UK arm in 2011 amid market volatility and uncertainty over the Independent Banking Commission's recommendations to overhaul the sector.
%VIRTUAL-SkimlinksPromo%
