Santander UK turns to sterling after results

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Santander UK turns to sterling after results

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File photo dated 14/02/15 of Santander signage above a branch in London, as the profits at the bank's UK operation have been dragged down by their exposure to collapsed construction giant Carillion. | Laura Lean/PA Wire/PA Images

Santander's UK subsidiary became the latest financial institution from the country to market bonds in sterling on Thursday. The final spread was barely moved from initial thoughts.

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