Business | Business News Growing demand for pawnbroking services and higher gold prices have driven up profits for Ramsdens, the retailer and lender revealed. The group, which has about 160 stores in the UK, said higher living costs has led to more consumers looking for short-term credit. It said the number of new customers using its pawnbroking service, which allows people to borrow money against a piece of jewellery or a watch, grew by 11% compared with the previous year. Higher living costs driving demand for consumer credit, as well as as fewer traditional short-term lenders such as payday lenders on the market, helped give…
