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Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.
With the UK government trying to plug a £22bn fiscal hole, investors figured it was worth taking a punt on higher gambling taxes. Shares in Flutter, Entain and Evoke fell as much as 14 per cent early on Monday morning on reports of a £3bn raid on bookies.
Think-tanks have provided grist to this mill: vice taxes carry a social as well as financial benefit, they argue….
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