Finance (No. 2) Bill Debate

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Department: HM Treasury
Tuesday 13th January 2026

(1 day, 11 hours ago)

Commons Chamber
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Lucy Rigby Portrait Lucy Rigby
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I confess to my hon. Friend that I will need to write to her on that specific issue, because I do not have notes in front of me to that end. We are on the same page in terms of the principles she raises and the values that she seeks to put forward, and I welcome her welcoming of this Bill.

Taken together, clauses 83 to 85 modernise the gambling duties regime. As I said, they raise more than £1 billion a year to support public services and lift children out of poverty. They also focus tax increases on higher-harm, fast-growing online products while protecting UK horseracing and land-based betting and supporting bingo halls.

Adam Jogee Portrait Adam Jogee (Newcastle-under-Lyme) (Lab)
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For clarity, bet365 is based in the constituency of my hon. Friend the Member for Stoke-on-Trent Central (Gareth Snell), but—

Gareth Snell Portrait Gareth Snell
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He just read my notes!

Adam Jogee Portrait Adam Jogee
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It is one of the largest private sector employers in Newcastle-under-Lyme—that was not in my hon. Friend’s notes. [Laughter.] Can the Minister touch a little bit on the engagement with some of these companies to ensure that the workers, many of whom live in my constituency and the constituency of my hon. Friend the Member for Stoke-on-Trent Central, will not be adversely impacted?

Lucy Rigby Portrait Lucy Rigby
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My hon. Friend raises an important point around jobs in the industry. He will be aware that employment in the gambling industry as a whole declined by around 20% between 2015 and 2023, so it is in gradual decline, and the trend predates this Bill. The jobs in his constituency are incredibly important, which is why the measures in this Bill deliberately focus on online gambling, rather than betting shops and casinos, which support more jobs and face higher operating costs, as I am sure the institutions in his constituency do.