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William Hill branch closures risks 4,500 jobs

Bookmakers William Hill is consulting on the closure of 700 branches across the UK, putting around 4,500 jobs at risk.

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It comes after the government’s decision to reduce the maximum stake on fixed-odds betting terminals from £100 to £2 on April 1, 2019. Since then, the company has seen a “significant” fall in gaming machine revenues, in line with the guidance given when the government’s decision was announced in May 2018.

 

The company said a “large number of redundancies is anticipated”, with 4,500 colleagues at risk. The group said it would look to apply voluntary redundancy and “redeployment measures” extensively.

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