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Rachel Reeves · LondonFanDuel-owner Flutter Entertainment said on Wednesday the UK government's plans to raise online gaming taxes will hit its adjusted EBITDA by about $320 million in fiscal 2026 and $540 million in 2027 before it can mitigate the impact. British finance minister Rachel Reeves earlier today said the tax rate on oSee the Story
Flutter Says UK Gambling Duties to Hit EBITDA by $320 Million in 2026
56% Center coverage: 9 sources

Rachel Reeves · United KingdomRachel Reeves’ Autumn Budget set out one of the largest public investments in UK research and innovation in decades, with billions earmarked for R&D, AI, and the industrial strategy. UK Research and Innovation (UKRI) will receive £38.6bn, including £9bn for government priority sectors such as AI, quantum computing, and engineering biology. Meanwhile, £7bn is set to be specifically allocated to innovative companies to scale and remain in the UK. …See the Story