Revenue at pawnbroker Ramsdens rockets as Brits cash in on soaring gold prices

Revenue at pawnbroker Ramsdens rockets as Brits cash in on soaring gold prices

Revenue at pawnbroker Ramsdens has risen to a fresh high as Brits take advantage of soaring gold prices. The London-listed business, which has over 160 stores across the UK, posted a 22 per cent jump in turnover to £117m in the year to end September amid a more than 50 per cent in profit from its precious metals segment. “We have a lot of customers who come to the counter who say, “Can I sell my gold because I think it’s a great time to sell” bu…

Ramsdens revenues top £100m for first time bringing big leap in profits

The pawnbroker, travel money and jewellery retailer is also plotting about eight to 12 new store openings this year