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UK economy grew faster than thought in first six months of Labour government – business live

Rolling coverage of the latest economic and financial news, as Office for National Statistics releases newly updated GDP data

Shares in gambling companies are dipping at the start of trading, after chancellor Rachel Reeves hinted that they could face higher taxes.

Evoke (which owns 888poker and William Hill) has dropped by 1.5%, with Rank Group down 1%.

“I do think there’s a case for gambling firms paying more.

They make an important contribution to the economy but they should pay their fair share of taxes and we’ll make sure that that happens.”

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