Wednesday, January 7, 2009

Surprised it hasn’t happened sooner?

Loan firm set to cut 1,000 jobs

"UK firm Cattles, which offers loans to risky borrowers, is planning to cut 1,000 jobs after its business was hit by the effects of the credit crunch. The sub-prime loans firm says it must cut costs as it expects its Welcome Finance personal lending arm to cut new business by three-quarters this year".

Posted by alan @ 11:22 AM (744 views)
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4 thoughts on “Surprised it hasn’t happened sooner?

  • There’ll be some desperate people out there even sooner than we imagined – but they’ll be better off in the long run without a ‘loan’ to tide them over.

    BTW where is everyone today, I’m having one of those feelings that I’ve missed something really big through not having the radio on.

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  • 1. str 2007

    All out to M&S. I just bought a suit for a fiver but they ran out of bags. ; )

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  • Cattles? LoL, Sheeples, surely?

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  • Shark fin soup anyone?

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