Paddy Power owner to axe 1,400 jobs after Labour gambling tax raid

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Guardian Business

Paddy Power owner blames tax rises for plan to shed up to 1,400 jobs

Flutter says one in 10 UK and Ireland workers at risk of redundancy because of a ‘material increase in betting and gaming duties’ Business live – latest updates The gambling company behind Paddy Power and SkyBet has announced up to 1,400 job cuts, blaming tax rises imposed by Rachel Reeves. Flutter Entertainment revealed plans on Tuesday to restructure its UK and Ireland division, affecting staff in Leeds, Dublin a…

20 Oct, 14:24

BBC Business

Paddy Power cuts 1,400 jobs and blames betting tax rises

The government increased taxes on online casino and sports betting in last year's Budget.

20 Oct, 11:59

Evening Standard

Paddy Power owner to axe 1,400 jobs after UK tax hikes

The gambling giant said the proposed cuts will impact workers in Leeds and Dublin.

20 Oct, 11:49

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City AM

Paddy Power owner to axe 1,400 jobs after Labour gambling tax raid

Paddy Power owner Flutter has announced it will cut as many as 1,400 jobs, blaming Labour’s tax raid on the gambling sector last year. The New-York listed firm will restructure its UK and Ireland division, slashing around 15 per cent of its workforce. Redundancies will affect roles in Leeds and Dublin, as well as Portugal [...]