Business news brief
Paddy Power owner blames tax rises for plan to shed up to 1,400 jobs
NEWS DESKBusiness
PUBLISHEDOct 20, 2026, 2:24 PM
What the source reports
Flutter says one in 10 UK and Ireland workers at risk of redundancy because of a ‘material increase in betting and gaming duties’ Business live – latest updates The gambling company behind Paddy Power and Sky Bet has announced up to 1,400 job cuts, blaming tax rises imposed by Rachel Reeves.
Flutter Entertainment revealed plans on Tuesday to restructure its UK and Ireland division, affecting staff in Leeds, Dublin…
Main source: The Guardian Business
TDBN presents the written preview supplied through the publisher's feed. Complete reporting, continuing updates, context, and corrections remain with the original report.
Read the complete report ↗