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BusinessApr 01, 2026 02:34 AM

Betting giant closing 200 stores with staff facing axe after Labour's tax hikes

BETTING giant William Hill is closing 200 high street stores within weeks due to the "significant tax increases" unleashed by Labour. The bookmaker blamed the "cost pressures" of the last Budget for the decision that will trigger a round of staff layoffs. Chancellor Rachel Reeves is doubling taxes on online gaming from 21 to 40 per cent, while online sports betting will increase from 15 to 25 per cent. William Hill's parent company Evoke said in a statement: "Following a thorough review and f ...Read More >

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