Ladbrokes owner Entain blames losses on UK chancellor’s Budget tax increases
Company takes unexpectedly large £488mn impairment charge in annual results
Company takes unexpectedly large £488mn impairment charge in annual results

Decision is boost for Big Four firm seeking to repair reputation after series of scandals

Bank slashes expectations for UK growth but keeps guidance steady

Gilts sell off after government ditches plan to increase income tax rates

Smorgasbord of tax rises is riskier for chancellor, our personal finances and the UK economy

Evoke boss says it acted ‘quickly and decisively’ to cut costs following Budget tax rises on online betting

Revenue falls 18 per cent in 2023-24 to £12.1bn as the UK’s efforts to increase revenues from the levy backfire