Santander’s profit rises as Spain offsets UK weakness By Reuters

By Jesús AguadoMADRID (Reuters) -Santander posted an 11% rise in first-quarter net profit on Tuesday as Spain led a solid retail banking performance in Europe that offset weakness in Britain and higher provisions.The euro zone’s second-biggest lender by market value booked a net profit of 2.85 billion euros ($3.05 billion), topping the 2.87 billion expected by analysts.Santander (BME:) has…