Flutter Announces Major Restructure of UKI Business

Flutter Entertainment have just announced major restructuring to it UK and Irish business with some 1,400 jos lost across the business, see below for full statement: Flutter announced plans today to restructure its UK & Ireland business. This restructuring forms part of the already guided first-order cost mitigation 1 in response to the significant increase in UK gaming taxation announced in last year’s Autumn Budget by the UK Government 2 . Whilst these plans will be subject to consultation, it is expected to result in up to 1,400 redundancies.