More than 39,000 jobs could go and nearly 8,000 betting shops close if the Government gives in to demands to curb limits on stakes and prizes for electronic gaming machines, according to bookmakers.
The Government is under pressure from anti-gambling campaigners to reduce the maximum stake as part of a review of gaming machine limits that closes for consultation this week.
The Sunday Times: Former HBOS chief takes £20m pension pot
The banker who “sowed the seeds of destruction” at HBOS is sitting on a pension pot worth more than £20m from the collapsed bank. The giant retirement fund entitles Sir James Crosby, the lender’s former chief executive, to annual income of £700,000. The payout is more than 100 times greater than that of the average private sector worker, who retires on less than £6,000.
The Mail on Sunday: Questions for Bolland as M&S market share dives
Marks & Spencer is due to reveal its worst slump in clothing sales since the arrival of chief executive Marc Bolland three years ago. The beleaguered boss will blame the unseasonably cold weather for the sales slump, but the figures will increase the pressure for him to deliver his long-promised turnround. Mr Bolland has told shareholders that they will have to wait until autumn for clothing improvements.
The Sunday Telegraph: Ex-Olympics chief to lead nuclear plant talks
The man who delivered the Olympic Games to Britain has been brought in by the Government to kick-start negotiations on bringing new nuclear power stations to Britain. Lord Deighton, made Commercial Secretary to the Treasury in January, will lead talks with the French nuclear ﬁrm EDF, alongside the permanent secretary at the Department for Energy, Stephen Lovegrove.