Type
Closure
Country
United Kingdom
Region
Location of affected unit(s)
Sector
Arts / Entertainment
Arts, Entertainment And Culture
Gambling And Betting Activities
92.0 - Gambling and betting activities

420 jobs
Number of planned job losses
Job loss
Announcement Date
25 April 2014
Employment effect (start)
Foreseen end date
30 April 2015

Description

Bookmaker William Hill is to close 109 shops. The company has made the announcement in response to the government's recent hike in betting taxes paid of the so-called 'fixed odds' gambling terminals. The closure of these shops will put 420 employees at risk of redundancy. The company has said that, given the nature of its workforce, it expects that those hardest hit by these job losses will be female and young workers.


Sources

  • 25 April 2014: The Guardian

Citation

Eurofound (2014), William Hill, Closure in United Kingdom, factsheet number 76988, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/76988.