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Topic ClosedYes Car Credit business to close

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chopper View Drop Down
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Direct Link To This Post Topic: Yes Car Credit business to close
    Posted: December 14 2005 at 08:23
"The Yes Car Credit business is to be closed with the loss of about 820 jobs, its owner Provident Financial has said.

Provident Financial said Yes Car Credit was "no longer viable" after talks with possible buyers of the company collapsed last week.

Provident said tough competition and changes to the regulatory environment had changed trading conditions, and Yes had ceased to be profitable in 2004.

Yes is expected to make a pre-tax trading loss of £24m this year. "

http://news.bbc.co.uk/1/hi/business/4528162.stm

Blimey - I didn't even know they had a car credit business.

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Direct Link To This Post Posted: December 14 2005 at 08:33

Howe am I going to finance my Bru-Ford now? I was Going for the (White) one with the Big Generator, Squire.

The Talk is, their finances were Close to the edge, or even Fragile.

 

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Direct Link To This Post Posted: December 14 2005 at 08:35
Hi there THE PRIDE OF SCOTLAND, where you´ve been hiding ??


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Direct Link To This Post Posted: December 14 2005 at 09:03

Yo Velv me old mucker, how's it going!?

Say hello to the Dead Jester for me when you see him!LOL

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Direct Link To This Post Posted: December 14 2005 at 09:05

How could you mot know chopper?

There adverts are on the telly ALL the bleedin' time!

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Direct Link To This Post Posted: December 14 2005 at 10:33
Originally posted by Easy Livin Easy Livin wrote:

Howe am I going to finance my Bru-Ford now? I was Going for the (White) one with the Big Generator, Squire.

The Talk is, their finances were Close to the edge, or even Fragile.

Nice one!

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chopper View Drop Down
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Direct Link To This Post Posted: December 14 2005 at 10:34
Originally posted by Snow Dog Snow Dog wrote:

How could you mot know chopper?

There adverts are on the telly ALL the bleedin' time!

Ooh, nice car-related joke there!

Can't afford a telly in our house, we spend the evenings huddled around our tiny fire (after we've licked t'motorway clean wi' our tongues).

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Direct Link To This Post Posted: December 14 2005 at 15:00
Motorway LUXURY! You were lucky, All we had was a cardboard box.
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