Earnings tick higher at S&U despite 'unpromising' economic climate

The car finance and bridging loans specialist saw revenues come in at £57.3m in the six months to 5 August, up from £51.8m, while pre-tax profits nudged up to £15.7m from £15.6m. Basic earnings per share rose to 96.8p from 95.5p and group net receivables jumped to 26.8% to £541m.Within that, motor…