PRESS DIGEST - British business - April 16 =7
The report, entitled UK Problem Debt -- consumer crisis or efficient market? predicts that the number of people struggling with their debts will double during 2008 due to the current clampdown on lending.
A spokesman also highlighted the possibility of an increase in individuals seeking out individual voluntary arrangements and debt management plans.
SEX TOYS EXPECTED TO BOOST SSL
SSL (SSL.L) said on Tuesday it expected to meet its double-digit operating profit growth target after strong sales over the year to March 31.
The healthcare company attributed much of the growth to the "strong performance of Durex condoms" combined with the introduction of the Durex Play range of sex toys.
SSL also highlighted solid trading at its Scholl footcare and sandals division, noting the success of products such as its cracked heel repair cream and the autumn and winter footwear range. Chief executive Garry Watts also expressed confidence for further profit growth in the year ahead. Prepared for Reuters by Durrants ($1=.5082 Pound)
