Major British industry to slash jobs and close high street stores ahead of bruising Budget

Major British industry to slash jobs and close high street stores ahead of bruising Budget

More than 4,500 jobs have been lost across Britain's gambling industry since last November, according to figures from the Betting and Gaming Council.The trade body said more than 540 betting shops had also closed during the same period, as gambling operators warned further tax increases could lead to additional job losses and closures.Labour has maintained that the betting shop closures cannot be attributed to its fiscal decisions, while operato…