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The Guardian - UK

Politics

Rob Davies

Paddy Power owner blames tax rises for plan to shed up to 1,400 jobs

Paddy Power Flutter United Kingdom Rachel Reeves Video Game Layoffs Ireland John Healey Skybet Gambling

A man plays at a betting machine in a Paddy Power shop — John Healey, the chancellor, is considering an increase in the tax on betting machines. Photograph: Bloomberg/Getty Images

The gambling company behind Paddy Power and SkyBet 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 and Sunderland. Redundancies are also expected to hit offices in Porto in Portugal and Cluj-Napoca in Romania.

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