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 invested in our content to provide more news, analysis, features, interviews and opinions across a wide range of Credit and Financial Services. Register now to access more of the trustworthy, insightful information that’s on offer.

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.

Share on LinkedInShare on TwittereCard

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

British banknote printer De La Rue issues warning on its future

British banknote printer De La Rue issues warning on its future

TRI Awards 2019 winners revealed

TRI Awards 2019 winners revealed

Directors of insolvent companies which used tax avoidance schemes could face huge bills

Directors of insolvent companies which used tax avoidance schemes could face huge bills

Upcoming events




Credit Summit

Our partners

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

Member of

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