Profits rise at pawnbroker Albemarle

> BRITAIN'S ONLY listed pawnbroker said yesterday the growing popularity of its age-old trade among borrowers had driven a 14 per cent rise in interim profits. Albemarle & Bond said an increasing number of people on lower incomes were favouring its service over bank overdrafts and loans. The group, whose services include lending money on pawned gold, cashing cheques and pay day advances, said pre- tax profits to 31 December rose to pounds 2.6m.

Copyright 2004 Independent Newspapers UK Limited
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