Financial Times FT.com

Hire trade grows as consumers seek out value

By Tim Bradshaw

Published: February 21 2009 02:00 | Last updated: February 21 2009 02:00

The rental market is growing rapidly amid the downturn, as cash-strapped consumers search out costeffective substitutes for high-street spending.

Radio Rentals and Rumbelows thrived in the previous recession, but suffered in the era of cheap credit. Now, as the government pleads with banks to increase their lending, a new generation of rental companies is seizing the opportunity.

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