Betting firm Paddy Power to close 57 shops in UK and Ireland
Summary
Paddy Power, a betting company, is closing 57 shops in the UK and Ireland. This will affect 247 employees, with job losses expected. The decision is due to rising costs and tough market conditions.Key Facts
- Paddy Power will close 57 shops in total.
- 29 shops will close in the UK, including one in Northern Ireland.
- 28 shops will close in the Republic of Ireland.
- 247 employees could lose their jobs because of these closures.
- 128 employees at risk of losing jobs are in the UK.
- 119 employees at risk are in the Republic of Ireland.
- Flutter, the parent company, said staff might get new job opportunities where possible.
- The closures are due to rising costs and difficult market conditions.
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