H&T Group well placed to reinforce its position as the UK’s largest pawnbroker

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() (), the pawnbroking business, said daily pledge levels are back to roughly 90% of pre-pandemic levels and continue to rise.The group has traded well since the lockdown restrictions started to be lifted in the UK in April, the company said in its results statement covering the first half of 2021.H&T believes it is “very much on track” to rebuild pledge lending to pre-pandemic levels while continuing to invest in its online and store-based retail offering.Underlying earnings (EBITDA) were steady at £9.6mln compared to the same period of last year, while profit before tax eased 6% to £4.7mln from £5.0mln. Source link
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