Fashion

Poland’s fashion retailer LPP’s deputy CEO resigns due to health reasons

Poland’s fashion retailer LPP’s deputy CEO resigns due to health reasons

Posted by - October 17, 2024 Fashion

By Reuters Published October 18, 2024 Poland's largest fashion retailer LPP said on Thursday its deputy CEO Przemyslaw Lutkiewicz resigned from his position due to health reasons. ReutersThe firm's CEO is set to put forward Marcin Bojko as a candidate for the deputy role, said LPP in a separate statement.Bojko,...

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Fitness

Fighting Fitness Judo shines at British Minors Championships and Surrey Open

Fighting Fitness Judo shines at British Minors Championships and Surrey Open

Posted by October 14, 2024

Fighting Fitness Judo in Woking are celebrating some impressive results at the British Minors Championships and the Surrey Open.The pathway squad won several medals.Egeu Ghenciu won gold at the British Minors Championships, Luqman Khan and Anastasia Turner finished fifth and Will King competed in his first competition.Oliver Axtell, Zeth Lewis...

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Shopping

Infra

Chinese threat actors may have already breached UK critical infrastructure, ministers told

Chinese threat actors may have already breached UK critical infrastructure,…

Posted by - October 16, 2024

Chinese state-sponsored threat actors may have already breached critical IT infrastructure in the UK, some government officials are saying.According to Bloomberg, some senior ministers in the Labour government were notified, after taking power last summer, that hacking collectives with ties to the Chinese government most likely compromised supply chains and...

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Sports

Boxing: Welshman Liam Williams retires after ‘several concussions’

Boxing: Welshman Liam Williams retires after ‘several concussions’

Posted by - October 16, 2024

Williams does not need reminding of the dangers of boxing, he's lived the tragedy the sport can bring.He was a stablemate of Nick Blackwell when he suffered a bleed on the brain in defeat by Eubank Jr in 2016 and spent nine days in an induced coma.Six months after that,...

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Gambling

Best Apple Pay Casinos in the UK

Posted by October 17, 2024

The recent growth of online casino sites in the UK means that popular companies have taken advantage of advances in technology to offer customers the most convenient experience possible. Whether it’s through the variety of games they offer or the user-friendly interface of their casino apps and desktop sites, online...

Culture Secretary says ‘we want gambling to thrive’ after rumours…

Posted by October 17, 2024

Culture Secretary Lisa Nandy has said she wants the gambling industry to “thrive” amid rumours of a multi-billion pound “tax raid” on bookies.Earlier this week, gambling firms saw their shares tumble amid fears the Government is planning to double some of the taxes paid by online casinos and bookies in...

Entain Stock Faces Headwinds Amid Potential UK Gambling Tax Hike

Posted by October 17, 2024

Sports betting and gaming group Entain (LON: ENT) will face significant headwinds if the UK government considers a potential tax hike on the gambling industry, according to a note from Goldman Sachs. According to a recent report by The Guardian, the Treasury is exploring proposals to double certain gambling taxes...

UK Government Urged To Increase Gambling Tax

Posted by October 16, 2024

The new Labour government has been looking for ways to raise money in order to pay for what they describe as a £22 billion black hole left by the previous Conservative government. And the Campaign for Fairer Gambling, produced by the National Economic Research Associates, may have found identified...

Flutter CEO Jackson: UK gambling tax rise in ‘no-one’s interest’

Posted by October 16, 2024

Flutter Entertainment CEO Peter Jackson has warned the UK government against potentially increasing gambling taxes by too much, claiming that such a move is in “no-one’s interest.” He said setting the tax rate too high “reduces competition, weakens the consumer offering and can lead to a reduction in tax revenue.”...

Online Gambling in the UK: A Business in Crisis or…

Posted by October 16, 2024

The online gambling industry in the UK has long been a major player in the global gaming landscape, generating billions in revenue and employing thousands. However, as we step into 2024, questions loom over the sector’s stability and future growth potential. Is the UK online gambling business facing a crisis?...

Gambling shares hit by fears of £3bn UK tax raid

Posted by October 15, 2024

Gambling shares fell sharply yesterday as fears grew that Labour in the UK could hit the industry with a £3bn tax raid, writes Jessica Clark. More than £2bn was wiped off the value of London-listed gambling firms amid reports Rachel Reeves is plotting a crackdown on the sector. The Chancellor...

‘Utterly economically illiterate’: UK industry reacts to gambling tax hike…

Posted by October 15, 2024

The gambling industry has hit back at reports from Friday that the UK Labour government is considering increasing gambling tax by 138%. Stakeholders have called the proposals out for not understanding the intricate workings of the sector and not considering the damage such an increase could have. "It's bollocks," gambling...