FRI AM: Batley finance firm Cattles announces 450 job losses in Welcome Finance arm

STRICKEN consumer finance firm Cattles today said around 450 jobs were under threat at its Welcome Finance business.

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YorkshireLive

10:39, 5 FEB 2010
Updated04:02, 12 JUL 2013

STRICKEN consumer finance firm Cattles today said around 450 jobs were under threat at its Welcome Finance business.

The Batley-based firm is winding down the Welcome loan book after failing to agree a deal with its creditors to restart lending in December.

The company is cutting costs across the Welcome business as a result and plans to close around 70 local branches and collection units nationwide.

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