Provident suffers weak first quarter demand

Money lending group Provident Financial admitted that customer numbers had fallen since the start of the year and more customers were slipping into arrears.

Money lending group Provident Financial admitted that customer numbers had fallen since the start of the year and more customers were slipping into arrears.

The Bradford-based group said customer numbers at the end of March were down around 2.0% on the prior year, with the pressure of rising living costs on household incomes and higher heating bills to blame, and was "unlikely to improve".

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