H&T expecting to reach target

PAWNBROKER H&T yesterday said that it expected to deliver full-year profit before tax in line with current market forecasts.

The group said it had reduced debt, control­led costs and increased revenues.

H&T said that trading conditions in the industry were improving. “The factors that impacted pawnbroking in the last year are abating,” it said, adding “recent lending has stabilised and there are early indications of a reduction in competition”.