Amigo founder denies plot to launch a rival lender

The founder of Amigo has quashed speculation that he could launch a competitor to take on the troubled high-interest lender if he fails to secure a third spell on its board. James Benamor has demanded to be installed as chief executive as he seeks a comeback after resigning as a director for a second time in March. Mr Benamor will call a shareholder vote on Thursday if his proposals are not met, but insisted he will not compete with the business which he set up 15 years ago should this gambit fa