Betfred to cut 600 jobs as 132 shops close amid industry tax raid

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Betfred has announced plans to close 132 shops and cut over 600 jobs starting from September. The company, one of Britain's largest high street bookmakers, attributed these decisions to gambling tax hikes and economic uncertainty. This move will affect more than a tenth of its betting shops. Betfred has launched a consultation process regarding the closures, describing the situation as having no choice following the deepening tax raid on the gambling industry.
31/07 12:35 sky.com
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31/07 14:55 standard.co.uk
31/07 15:45 bbc.co.uk
31/07 15:45 dailymail.com
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