Threat to 510 jobs at UK lender - papers

clock

UK sub-prime lender Cattles has said it may cut as many as 510 jobs at its Welcome Financial Services subsidiary.

The embattled firm is proposing closing 30 branches when the leases expire and reducing its sales and support teams, the BBC reports. As well as trading under the Welcome brand, Batley-based Cattles also owns debt recovery firm Lewis. Full story...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

Appetite for financial advice increases yet overall take-up rate falls

Appetite for financial advice increases yet overall take-up rate falls

Men still more likely to take advice than women

Isabel Baxter
clock 19 November 2025 • 3 min read
 PA Awards 2026: Provider shortlists revealed!

PA Awards 2026: Provider shortlists revealed!

Celebrating excellence in supporting financial advisers

Professional Adviser
clock 19 November 2025 • 2 min read
Advisers urged to 'question' conventional allocation models

Advisers urged to 'question' conventional allocation models

Doug Brodie speaks on investment trusts’ benefits

Isabel Baxter
clock 19 November 2025 • 5 min read