Cost of living: Kent pawnbroker sees 50% increase in business
The managing director of a chain of pawnbrokers says business has increased in his stores by 50% because of the cost of living crisis.
Nathan Finch, who runs Pickwick Pawnbrokers in Maidstone, Kent, says he has also noticed more middle-class customers seeking cash to cover increasing utility costs.
A common sight on the high street during the Victorian era, the pawnbroker industry shrank in the 20th century with the arrival of new forms of credit.
Mr Finch said: "Our business has followed very, very directly the cost of living crisis. We've seen an uplift as costs and everyday living expenses increase."
Report by Colin Campbell
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