
Economy
Flutter to cut up to 1,400 UK, Ireland jobs over gambling tax
Paddy Power owner Flutter said on 20 October 2026 it will cut up to 1,400 UK and Ireland jobs, blaming higher UK gambling taxes.
20 Oct 2026, 18:51 IST
Peepals Business · Topic
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Paddy Power owner Flutter said on 20 October 2026 it will cut up to 1,400 UK and Ireland jobs, blaming higher UK gambling taxes.

UK Chancellor John Healey has ruled out raising capital gains tax in the October 28, 2026 Budget and will lean on a bank levy, reports said.

The IMF said on October 15, 2026 that UK Chancellor John Healey should look at pensions and benefits, not a higher bank tax, to fix public finances in his October 28 budget.
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