Resurgence of Pawnbroker Outlets

Pawn shops, once thought to be relics of the past, are seeing a resurgence, particularly in places like Leamington Spa. Over the last decade, these shops have experienced significant business growth, with a noticeable shift towards more expensive items like Rolex watches and diamond rings. Since 2003, the number of pawn brokers in the UK has more than doubled, driven by economic struggles and high unemployment rates. This demand has led to the emergence of national chains such as H&T.

What type of items has the shop in Leamington Spa been dealing with more recently?

• Vintage clothing

• Antique furniture

• Rolex watches and diamond rings

• Old coins and stamps

Which of the following is NOT mentioned as an item being pawned more frequently?

• Antique books

• Rolex watches

• Breitling's

• Diamond rings

Since 2003, what has happened to the number of pawn brokers in the UK?

• It has decreased by half

• It has slightly increased

• It has remained the same

• It has more than doubled

What percentage of people using pawn broker services are unemployed?

• 50%

• 60%

• 70%

• 30%

What has the increased demand for pawn broker services led to?

• An increase in gold prices

• A decrease in interest rates

• The rise of national chains like H&T

• The closure of small pawn shops