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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…
US reportedly pursuing third oil tanker linked to Venezuela
The US Coast Guard is in “active pursuit” of another vessel in international waters near Venezuela as tensions in the region continue to escalate. US authorities have already seized two oil tankers this month – one of them on Saturday. Sunday’s pursuit related to a “sanctioned dark fleet vessel that is part of Venezuela’s illegal…
Court sides with Adidas in appeal over Kanye West collaboration
Adidas has fended off an appeal from shareholders who accused it of hiding misconduct by rapper-entrepreneur Kanye West – otherwise known as Ye – before their partnership broke down in 2022. A San Francisco court said the sportswear giant did not mislead investors, who claimed they had lost money after Adidas shares plunged when it…
