Ladbrokes owner Entain pays back some furlough after protest
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Entain, the video gaming giant which owns Ladbrokes, is to repay ₤ 44m of the furlough money it claimed throughout the pandemic, but keep ₤ 57.5 m.
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Carolyn Harris MP called it "absolutely outrageous" that Entain was not repaying everything, in spite of skyrocketing profits.
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The group made ₤ 393m in pre-tax earnings in 2021, up 125% on the year before.

It stated the furlough scheme had actually assisted to secure 14,000 tasks, and a "more particular medium-term outlook" made the partial repayment possible.
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Entain has around 3,000 wagering shops in the yohaig code UK branded Ladbrokes or Coral - which it needed to close for big parts of 2020 and 2021 since of coronavirus limitations.
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However, punters did not stop betting, they just moved online. Entain's online organization proliferated, and helping to press the group's earnings up 8% in 2015.
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In reaction to a BBC News story in January, MPs contacted Entain to pay back the cash it had actually gotten under the furlough plan, with former Conservative leader Sir Iain Duncan Smith stating the yohaig code company ought to "right away hand the cash back to the UK taxpayer".
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Entain has actually stated formerly that the situation was "under evaluation". On Thursday, it announced that it would return the ₤ 44m it declared in 2021, however keep the ₤ 57.5 m it claimed in 2020.

Labour MP Carolyn Harris, chair of the Gambling Related Harm All Party Parliamentary Group, said