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".
4 thoughts on “Surprised it hasn’t happened sooner?”
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str 2007 says:
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.
crunchy says:
1. str 2007
All out to M&S. I just bought a suit for a fiver but they ran out of bags. ; )
Yellerkat says:
Cattles? LoL, Sheeples, surely?
crunchy says:
Shark fin soup anyone?