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Tag: Provident Financial

Provident Financial cuts 170 lending jobs

The job cuts at Provident Financial, equivalent to about 10pc of the consumer-credit division’s workforce, came as first-half profit at the unit fell 27pc to £36.1m (US$55.4m) amid rising inflation, while group profit at the UK’s largest subprime lender rose to £55.3m from £54m in the year-earlier period ...