All the updated news related to pawnbroking

All the news related to pawnbroking updated in real time

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City

H&T to pay back £2m after finding one in 10 loans should not have been granted

Pawnbroker H&T has said it will refund customers by more than £2 million after a review of a group of loans found that more than one in 10 should never have been made. The company said that it had looked into a series of loans given between April ...

04 Apr 2022 at 11:55

City

Pawnbroking and higher gold prices help drive up profits for Ramsdens

Growing demand for pawnbroking services and higher gold prices have driven up profits for Ramsdens, the retailer and lender revealed. The group, which has about 160 stores in the UK, said higher living costs has led to more consumers looking for ...

16 Jan 2024 at 10:51

City

Pawnbroker boosted as people turn to quick loans

People are increasingly turning to pawnbroker H&T to access cash, the business said on Tuesday, as households continue to be battered by high living expenses. The company said demand for its services had “gathered momentum” in the first six ...

08 Aug 2023 at 08:08

City

More people pawning jewellery amid lack of quick credit options, Ramsdens says

More people have been selling or pawning their jewellery or watches amid higher gold prices and a lack of short-term credit alternatives, retailer and lender Ramsdens has said. The company, which has 167 stores across the UK, revealed ...

05 Jun 2024 at 12:07

City

Record gold prices and premium watch sales boost profit for Ramsdens

A rebound in demand for Rolex watches and higher gold prices prompting more people to sell unwanted jewellery have helped drive record profits for retailer and lender Ramsdens. Ramsdens, which has 169 stores in the UK, made a pre-tax ...

14 Jan 2025 at 16:29

City

Gold price rally helps drive surge in profits for Ramsdens

Higher gold prices have helped drive a 50% surge in precious metal profits for high street lender and retailer Ramsdens, which said it is raising its outlook for the year. Gold prices have been soaring as investors pile cash into ...

08 Apr 2025 at 07:53

City

H&T profits higher as pawnbroking demand grows

H&T Group has revealed higher profits for the past 12 months as pressure on consumer finances helped drive higher demand for pawnbroking. The UK’s largest pawnbroker said “the need for small sum, short-term lending continues to ...

18 Mar 2025 at 07:57

City

Soaring gold price sees more people ‘clear out’ jewellery boxes, Ramsdens says

The soaring price of gold prompting more people to “clear out” their jewellery boxes has bolstered profits for retailer and lender Ramsdens. The Middlesbrough-based chain, which has 169 UK stores, reported a surge in income ...

04 Jun 2025 at 10:25

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