S&U Positioning for sustainable growth S&U’s non-prime motor finance business has experienced a further increase in the rate of impairment as some of its customers have been pressured by real income constraints and use of newer short-term credit products. Tighter criteria have been adopted in response and should reverse this trend while the Aspen property bridging pilot, if given the go ahead, should provide a useful additional source of growth in a specialist market. Analysts Andrew Mitchell Martyn King
Login or register to post comments