H&T: Profit jumps due to ‘ongoing constraint in the supply’ of short-term loans Retail The UK’s largest pawnbroker and short-term loan business, H&T, announced a double-digit profit jump in the first half of the year as Brits showed no sign of reining in loan demand. Profit before tax was £9.9m in the six months to 30th June, up 12.5 per cent from the £8.8m reported in the same period [...]
Ramsdens: Pawnbroker ups guidance on high gold price Retail and leisure Pawnbroker Ramsdens reported good trading momentum in its third quarter, with profit before tax expected to come in ahead of expectations, mainly thanks to higher gold prices. The company said it expected profit to rise eight per cent this year, from £10.1m in 2023 to £11m. Revenue was helped by the high gold price, which [...]