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Betfred says all its shops may close if Reeves hikes gambling tax
All 1,287 Betfred shops could disappear from the UK High Street if Chancellor Rachel Reeves hikes taxes on gambling firms, the company’s co-founder and chairman has told the BBC. Fred Done, who set up Betfred in 1967 with his brother, said a closure of that size would put 7,500 jobs at risk. The billionaire businessman…
Stephen Witt wins FT and Schroders Business Book of the Year
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Stephen Witt’s The Thinking Machine, about the rise of Nvidia and its hard-driving leader Jensen Huang, has won the 2025 Financial Times and Schroders Business Book of the Year Award. It is the second year…
Hackers steal data from millions of UK airport customers
Michael Goddard, 71, from Cheshire, said both he and his wife, Julie, 68, had received an email earlier from MAG notifying them that their data had been breached. “I was shocked,” Goddard told BBC Radio Manchester. “To find your personal info has been stolen – it is alarming. “My information has gone and I don’t…
Budget 2026: India pushes local industry as global tensions rise
“Coming on top of last year’s hike, this is likely to raise impact costs for traders, hedgers and arbitrageurs. This could cool derivative activity and lead to a reduction in volumes,” said Shripal Shah, managing director and CEO of Kotak Securities.
