Pawnbroker Ramsdens sees profits soar by 20% as hard-up Brits sell valuables…

HARD-UP Brits using valuables to raise cash have helped profits at pawnbroker Ramsdens to climb by over 20 per cent. The 165-store group said higher living costs led to more consumers looking for short-term credit, while trading in watches and jewellery was also up. 6 Profits have climbed by over 20 per cent at pawnbroker Ramsdens Credit: Alamy 6 The firm has said that higher living costs has led to more customers looking for short-term credit Credit: Getty The firm also benefited from increasing gold prices as people looked for security against the background of continuing global turmoil. Sales of precious metals at its stores…