Company reports growth opportunity as cost of living crisis puts pressure on household finances
The UK’s largest pawnbroker has reported a rise in profits as its customers sought to secure small, quick loans against jewellery and watches, in a sign of the continuing strain of the cost of living crisis.
H&T, which has 280 shops in the UK, said pre-tax profits had risen by 12.5% to £9.9m in the first six months of 2024 on the same period a year earlier.