0 £0.00
This item was added to your basket
Powered by
Credit Strategy homepage

Dear visitor,
You are viewing 1 of your 1 free articles


We’ve made wider, important changes to our print and online content to enhance the value of exclusive, insightful, discerning content we create every day. Support valuable editorial content by becoming a member of our Credit Club - register for free or choose a paid plan.

Register now or Login

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.

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.

LATEST INDUSTRY NEWS STRAIGHT TO YOUR INBOX

READ NEXT

Turkish army pension fund enters exclusive talks to buy British Steel

Turkish army pension fund enters exclusive talks to buy British Steel

Solarplicity becomes 13th energy supplier to cease trading since 2018

Solarplicity becomes 13th energy supplier to cease trading since 2018

Retail insolvencies up six percent

Retail insolvencies up six percent

Our partners

Manolete Partners
Any Stock Buyer
Therium
Debenhams Ottaway
Nexia International
Quantuma
Credit Strategy
LinkedIn page

Did you find our website useful?

Thank you for your input

Thank you for your feedback

creditstrategy.co.uk – an online news and information service for the UK’s commercial and consumer credit industry. creditstrategy.co.uk is published by Shard Financial Media Limited, registered in England & Wales as 5481132, Axe & Bottle Court, 70 Newcomen St, London, SE1 1YT. All rights reserved. Credit Strategy is committed to diversity in the workplace.
@ Copyright Shard Media Group