Experian Disappoints Over Challenge ; Financial Services

Summary


Midlands credit checking group Experian disappointed the City yesterday after it warned of increasingly challenging market conditions in the United States and the UK.

Tough conditions in the financial services sector and the collapse of the sub-prime mortgage market in the US led to a downturn in demand for mortgage activity, particularly at LowerMyBills - a US website providing information on lenders to people looking to switch mortgages.

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Extract


Experian Disappoints Over Challenge ; Financial Services

The Nottingham-based firm reported a six per cent rise in organic sales during the six...

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