Paddy Power to close 57 shops in UK and Republic of Ireland

Betting agency Paddy Energy is to shut 57 outlets throughout the UK and Republic of Eire, after a overview of its excessive road property.It has confirmed that 247 workers are susceptible to redundancy, with 128 of these within the UK and 119 within the Republic of Eire. A complete of 29 outlets are to shut within the UK, together with one in Northern Eire, with 28 to go within the Republic.Flutter UKI mentioned affected workers can be “supplied redeployment alternatives the place attainable”.”Nevertheless, the closures will sadly result in quite a few job losses,” a spokesperson added.The agency mentioned it was “consulting intently with colleagues and offering help to these affected by these modifications”.A spokesperson mentioned the choice was made in mild of accelerating value pressures and difficult market circumstances.”We’re regularly reviewing our excessive road property, nevertheless it stays a key a part of our supply to prospects, and we’re searching for to innovate and make investments the place we will as we adapt to totally different buyer tendencies and wishes,” they added.