AIM-listed H&T, which has around 270 outlets, forecast record profits for 2023 but said the surplus will be 10% short of City hopes amid the cost of living squeeze.
While the pawnbroking arm increased lending by 19% to £260 million in the year, the trend towards lower priced items meant retail sales dropped 3% in the fourth quarter.
This story is from the January 23, 2024 edition of Evening Standard.
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This story is from the January 23, 2024 edition of Evening Standard.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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