- Andy Burnham advocates for government interventionist policy in the UK steel sector, framing it as a matter of national security.
- The final blast furnace at Port Talbot has closed, and Labour has nationalized British Steel, leading to political tours.
- Andy Burnham visits areas affected by industry decline, while the Shadow Chancellor criticizes government policy amid high inflation.
Chancellor Considers Raising Duty on Machine Games Amid High Street Concerns
What happened
The Treasury is modeling higher rates of Machine Games Duty (MGD) for the October 28 budget. John Healey, the Chancellor, is weighing a potential rise aimed specifically at betting shops and Adult Gaming Centres (AGCs). Politicians, including Andy Burnham, have increasingly treated these venues as symbols of high-street decline.
From igamingbusiness.com
Why it matters
The proposed tax increase targets businesses that rely heavily on machine play. AGCs currently capture about a quarter of licensed gambling spending, while betting shops account for just under half of that spending in 2024/25. This policy move is being considered against a backdrop of high street decline.
Andy Burnham is visiting areas affected by industry decline, while the Shadow Chancellor criticizes government policy amid high inflation.
From igamingbusiness.com
Who's involved
- Andy BurnhamCriticizes betting shops and arcades as signs of high-street decay.
- John HealeyIs weighing a potential rise in Machine Games Duty.
- governmentIs modeling higher rates of Machine Games Duty for the budget.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- LadbrokesSpeculative
Higher MGD could increase operating costs for betting shop operators like Ladbrokes.
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The entities involved
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Andy Burnham
British politician (born 1970)
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John Healey
British politician (born 1960)