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Pawnbroker profits in the UK are up – the industry has been a constant through history for people in poverty

  • Written by: Joseph Harley, Senior Lecturer in History, Anglia Ruskin University
Pawnbroker profits in the UK are up – the industry has been a constant through history for people in povertyPawnbrokers have been around for centuries.Graeme Dawes/Shutterstock

For a clear signal that the cost of living is still biting for many, you just need to look at how business is booming at the UK’s largest pawnbroker, H&T. The company recently reported a 12.5% rise in pre-tax profits to £9.9 million for the first half of 2024.

Some...

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