Sub-prime lender Provident Financial will repay furlough cash

Sub-prime lender Provident Financial slumped to a £32.6million loss in the six months to 30 June, new results show. The group, which runs Vanquis Bank and Moneyfarm, said the loss was better than it had been expecting given the potential impact of Covid-19 on its business. Provident now plans to repay all the cash it … Read more

Margot James joins board of Provident Financial

Former government minister Margot James joins board of doorstep lender Provident Financial By Daily Mail City & Finance Reporter Published: 21:59 BST, 27 July 2020 | Updated: 22:20 BST, 27 July 2020 Former government minister and millionaire business woman Margot James has joined the board of doorstep lender Provident Financial.  The 62-year-old, who served as … Read more

FTSE LIVE: NSF shelves hostile Provident bid; Landlords to vote on Topshop CVA

FTSE CLOSE: NSF shelves hostile bid for Provident; Landlords to vote on Topshop rescue deal; Card Factory bemoans tough High Street conditions Vote on Arcadia by shop landlords delayed until June 12 Non-Standard Finance has called off its £1.3billion bid for rival Provident  Card Factory saw sales rise but said conditions on the High Street … Read more