BusinessPolicy

Betfred Warns of Potential Nationwide Shop Closures Amid Gambling Tax Hike Proposals

Betfred’s owner has warned that proposed gambling tax increases could make the entire retail business unprofitable, potentially leading to the closure of all High Street shops. The warning comes as rival firms announce similar retail reductions amid growing pressure on the gambling industry.

Industry Warns of Widespread Shop Closures

Betfred has reportedly joined other major gambling operators in warning that proposed tax increases on the industry could force the closure of all its High Street shops, according to recent statements from company leadership. Sources indicate that the gambling sector is facing mounting pressure as former Prime Minister Gordon Brown advocates for higher taxes to fund child poverty reduction initiatives.

HardwareTechnology

Apple M5 Chip Debuts In New MacBook Pro And iPad Pro With AI Focus And Design Changes

Apple has unveiled its M5 processor in three new products available for pre-order with October 22 sales. The chip brings significant AI performance improvements and design changes across devices. Regional packaging adjustments exclude chargers in EU and UK markets while maintaining U.S. inclusions.

Apple M5 Chip Launch And Availability

Apple’s new M5 processor has officially been unveiled and will go on sale within days across three different products, according to reports. The chip will power the MacBook Pro 14-inch, iPad Pro, and Apple Vision Pro, with all devices available for pre-order now and scheduled to begin sales on Wednesday, October 22, sources indicate.