About 130 jobs are in doubt at Batley-based consumer lender Cattles with plans to end a car loans arm.

It has begun consultation with staff in Bristol, Edinburgh, Luton, Knowsley, Thurrock, Castleford, Castle Donington, Feltham, Fareham and South Tyneside over shutting Welcome Car Finance.

Without funds to buy new stock the business model was “unviable”. Closure would cost £5 million.