fromBusiness Matters
1 week agoEntain chief warns Labour against gambling tax rise that could trigger UK shop closures
In her first interview since taking the role permanently in April, Stella David said any increase in gambling duties would compel Entain "to consider its investment level in the UK". She added there was "no doubt" that higher taxes would trigger "shop closures" across its 2,300 high street outlets. "At the end of the day we want to make a profitable global business," David said. "If the UK becomes uncompetitive, there are other markets we can pivot to. Every point of tax increase has a consequence - certain shops become unviable, and the scale depends on how far it goes."
UK politics