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Latest London news, business, sport, culture, celebrity and entertainment from The London Standard
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News
Gambler Reeves to put billions more of taxpayer cash on red in second big Budget bet
10+ mon, 6+ day ago (1106+ words) Rachel Reeves is set to gamble billions more of taxpayers’ money in a bid to shore up Britain’s crippled public finances. The Chancellor may even flagrantly break Labour’s flagship manifesto promise not to raise the rate of income tax. The…...
Former Paddy Power boss calls for gambling tax hikes to deter harmful betting
10+ mon, 2+ week ago (632+ words) The former boss of Paddy Power has called for higher gambling taxes to deter bookmakers from tactics that draw punters into more addictive games, as he said profits across the sector were “exploding”. Stewart Kenny, who co-founded the betting firm…...
Reeves urged to hike gambling taxes to fund axing two-child benefit cap
11+ mon, 2+ week ago (891+ words) Rachel Reeves is under growing pressure to raise taxes on gambling firms to cover the cost of lifting the two-child benefit cap. More than 100 Labour MPs have signed a letter to the Chancellor as she prepares for the autumn Budget,…...
Saturday’s Lotto jackpot estimated at £3.8m after nine players win £1m
11+ mon, 3+ week ago (533+ words) Saturday’s lottery jackpot will be an estimated £3.8 million after nine people won £1 million each on a “wonderful night” for Lotto players on Wednesday. Four players matched all six main numbers to share the top prize of £4 million, receiving £1 million each,…...