RE: Loans at home19 Dec 2021 10:11
totally does not make sense to have a xmas party in the current climate especially for a business thats crippling in all areas. Morale must be low therefore high turnover - bullying, disciplinaries who knows BUT the management need to get back the controls in place as the share price is heading too much down south!. We have seen this before WELCOME FINANCE, HFC / BENEFICIAL, REAL PERSONAL FINANCE & BLACKHORSE...sub prime a very high risk un-sustainable business. Yes short term gains but no real long term platform for future scope. I see it happening sooner than later...branch network closure and centralised lending (short term to wind down) and collecting the remaining poorly underwritten book.