BELEAGURED sub-prime lender Cattles has sent a message of apology to its shareholders as it posted its long-delayed audited 2008 results which revealed pre-tax losses of almost £750m.

Chairman Margaret Young said it was "painful" for her to present the Birstall-based group's results for the year ended December 31 2008 and she said she shared the anger of shareholders at the string of events at the firm which have left it in financial turmoil.

Cattles made a £745.2m loss before tax which has led to a ......for the full story register now for free or login below...