‘A beneficiary of recent UK economic malaise’: Pawnbrokers are still doing well. Live! Britain’s biggest pawnbroker H&T reported strong sales in line with expectations for the first six months of the year despite improving an economic climate in the UK. The value of H&T’s pledge book, which tracks short term loans via the pawnbroker, increased by four per cent to reach £105m in the first half of the [...]
Pawnbroker H&T snaps up Essex firm as recession drives Brits to borrowing retail Pawnbroker H&T has snapped up a rival firm in Essex for £11.3m, as the business continues to profit from cash strapped Brits amid an economic squeeze.