Betfred in Cromer closes as firm shuts 132 shops nationwide
Edp24
A Betfred betting shop in Cromer has closed as part of a nationwide plan to shut 132 stores, cutting about 600 jobs.Summary
A Betfred betting shop in Cromer, north Norfolk, has closed its doors. The closure is part of a nationwide move by the gambling firm Betfred to shut 132 shops, which resulted in approximately 600 job losses. Betfred's chief executive, Jo Whittaker, stated the company tried to protect all its sites from closure. The decision was influenced by tax increases announced by a previous chancellor, described by founder Fred Done as the "biggest threat" to the industry in his 57 years, as well as rising costs like inflation and increased national insurance contributions. After the closure, Betfred will continue to operate around 1,100 shops across the country.
(Source：Edp24)