Betfred Job Cuts: Gamble on Tax Hikes?
Update: 2025-10-19
Description
Betfred CEO warns 1,300 betting shops face closure and 6,800 job losses if Labour's proposed gambling tax hikes go ahead. Could Gordon Brown's tax plan to fund benefit changes backfire, devastating the betting industry, fueling the black market, and further crippling struggling high streets? The Treasury remains silent as 46,000 jobs hang in the balance.
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