Pawnbroker draws up rescue plan

Updated
Pawnbrokers
Pawnbrokers

Britain's second-biggest pawnbroker is finalising a £35 million rescue fundraising after the slumping gold price hammered its profits.

Albemarle & Bond is slashing costs and has closed 33 pop-up gold buying stores while it completes the deeply-discounted rights issue, which it said would repair its balance sheet.
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