UK gambling regulator to press ahead with job cuts despite outcry

UK gambling regulator to press ahead with job cuts despite outcry

The Gambling Commission is to press ahead with job cuts aimed at saving more than £1m despite criticism that it is underfunded and failing to regulate the industry effectively.

Well-placed sources said the regulator had begun seeking voluntary redundancies among its 332 staff and was weighing up compulsory job losses.

The planned cuts come despite concerns about the regulator’s effectiveness, expressed in three separate reports by the public accounts committee, a House of Lords select committee and a cross-party group of MPs. The reports question the ability of a regulator with an annual budget of £19m to rein in an industry that takes about £14bn a year from punters. The Gambling Commission has previously acknowledged that it is underfunded.

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