Gambling firm Betfred to shut 132 shops and cut over 600 jobs amid hefty Labour tax hikes

MAJOR gambling firm Betfred has said it plans to shut 132 shops and cut 600 jobs from September following Labour's tax hikes. The high street bookmakers told employees this morning that it was cutting just over 10 per cent of its total betting shops. The move will leave Betfred with around 1,100 shops across the...