Category : Search result: gambling losses


Racing Chiefs Confront MPs Over Gambling Reform Threat

Leading figures from British horse racing, including Jockey Club chief Nevin Truesdale, confront MPs over dire financial threats posed by proposed gambling affordability checks. The industry warns of a potential £250 million loss and 4,000 job cuts.

Greggs Shock: Bakery Giant Closes Multiple Stores

High street bakery titan Greggs has abruptly closed several of its stores, leaving staff and customers reeling. The sudden move, attributed to a 'number of factors', has sparked concern for the future of other locations.

John Lewis blames government for Brighton store closure

John Lewis's flagship Brighton store is set to close, with management citing crippling government business rates as a key factor. The decision puts 300 jobs at risk and deals a major blow to the city's retail heart.

Guzman y Gomez's US expansion hits major roadblocks

Australian fast-food favourite Guzman y Gomez faces significant hurdles in its ambitious US expansion, with reports of financial losses, leadership exits, and a struggle to adapt its menu for American tastes. Is the burrito bubble bursting?

Amazon sacks UK drivers, replaces them with AI

Amazon has terminated hundreds of its UK delivery drivers, citing the success of its new AI-powered 'Project Cornucopia' logistics system. The move has sparked outrage from unions and raised serious questions about the future of employment in the age of a

Bodycare Enters Administration, Shops to Close

UK retailer Bodycare, known for its discount health and beauty products, has collapsed into administration, putting hundreds of jobs at risk and triggering a wave of store closures across England and Northern Ireland.

Spotted Cow Cookies Collapse: Yorkshire Bakery Folds

Yorkshire's beloved Spotted Cow Cookies has ceased trading, leaving 25 employees jobless and customers heartbroken. The family-run bakery, famed for its gourmet biscuits, succumbed to the relentless pressure of the cost-of-living crisis and soaring inflat

UK Lawsuit Hits Fox News & Newsmax Over Election Claims

A major UK-based financial backer is suing Fox News and Newsmax in a landmark High Court case, alleging massive financial losses due to the networks' promotion of baseless 2020 US election fraud claims. The lawsuit could set a precedent for media accounta

Australia's £15bn Gambling Addiction Crisis Exposed

Exclusive investigation reveals Australia's severe gambling crisis, with adults losing a staggering £15 billion annually. Discover the human stories behind the statistics and the urgent calls for reform.

Queensland trucking company collapses after 23 years

A major Queensland transport company with a 23-year history has entered liquidation, collapsing with massive debts and leaving dozens of employees without jobs in a severe blow to the region's freight industry.

Gambling addict's £70k loss left family on £40 a week

A UK father's life spiralled into chaos as a secret gambling addiction consumed £70,000, forcing his family to survive on just £40 a week. His powerful story is a stark warning about the hidden dangers of online betting.

22 Kids and Counting star quits family business

Sue Radford, matriarch of Britain's largest family, dramatically resigns from the family bakery following a series of devastating financial losses and mounting business pressures.

Bank of England Losses to Cost Taxpayers £200bn

A new report reveals the staggering cost of the Bank of England's quantitative easing programme, with taxpayers facing a bill of up to £200 billion, intensifying calls for a windfall tax on banks.

Labour aide quits in election betting scandal

Labour Party campaign aide Nick 'Pandit' Mason steps down amid investigation into betting on the timing of the General Election, as the gambling scandal rocks Westminster.

Khawaja: Labor Too Slow Banning Gambling Ads to Protect Children

Australian cricket star Usman Khawaja launches a scathing attack on the Albanese government for its delayed implementation of a promised gambling advertising ban, warning that children are being exposed to harmful content while politicians drag their feet

Victoria Beckham brand gets £20m loan as losses widen

Victoria Beckham Holdings Ltd receives a £20 million loan from investors, including her husband David, to stabilise the luxury brand after reporting increased losses of £5.9 million. Discover the brand's financial strategy and future plans.

Reeves's Budget Tax Raid to Decimate Hospitality Jobs

Exclusive analysis reveals Labour's planned VAT overhaul for private schools could trigger a devastating chain reaction, costing the hospitality sector more than 50% of its job losses and hitting family budgets hard.

Prax Collapses: Lindsey Oil Refinery in Crisis

The future of the UK's Lindsey Oil Refinery is in jeopardy as owner Prax is pushed into administration following the discovery of severe financial irregularities, putting hundreds of jobs and national fuel security at risk.

UK Poker Sites Face Major Regulatory Crackdown

Exclusive: The UK gambling landscape is set for its biggest shake-up in years. Discover how new government regulations will impact online poker sites, enforce stricter affordability checks, and what it means for players across the nation.

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