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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 >
June 13 (Reuters) - The UK's blue chip index held just below its all-time high hit last week as investors assessed the trajectory of U.S. tariffs as well as domestic interest rates, while AstraZeneca gained on successful drug trial results. The blue-chip FTSE 100 (.FTSE), opens new tab was up 0.4% as of 1105 GMT, while the domestically oriented FTSE 250 index (.FTMC), opens new tab added 0.3%. AstraZeneca (AZN.L), opens new tab added 1.4% after the pharmaceutical giant said its experimental dr ...Read More >
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