Betfred to close 132 shops, resulting in 600 job cuts
UKPulse Money Desk
Betfred, a major high street bookmaker, is set to close 132 shops and cut 600 jobs, citing a 'deepening tax raid' on the industry.
- Betfred plans to close 132 shops.
- The closures will lead to 600 job losses.
- The company attributes these actions to a 'deepening tax raid' on the industry.
Betfred, one of Britain's largest high street bookmakers, is preparing to close 132 of its shops. This move is expected to result in 600 job cuts across the company.
The bookmaker has indicated that these closures and job losses are occurring amid what it describes as a 'deepening tax raid' on the industry.