Oct 27 (Reuters) - Chief Executive Officer Of Spain's Santander, Jose Antonio Alvarez:
* EXPECTS COST OF RISK TO FALL IN CONSUMER FINANCE IN EUROPE NEXT YEAR
* EXPECTS TO ACCELERATE COST-CUTTING MEASURES IN THE UK
* EXPECTS POSITIVE EVOLUTION OF NET INTEREST INCOME BOTH IN THE UK AND SPAIN Further company coverage: (Reporting By Madrid Newsroom)