FTSE LIVE: Whisky bosses in tariff talks; Bets with credit cards to be outlawed;…
FTSE LIVE: Boris rules out FlyBe bailout; Ban on credit-card betting; Whisky bosses in US tariff talks; Boohoo boasts soaring sales
Credit cards will no longer be allowed to be used for making bets from April 14. The Gambling Commission hopes the ban will help deal with problem gambling. The news has unsurprisingly hit shares in betting firms.
Representatives from the Scottish whisky industry are heading to the USA over concerns that further tariffs will be imposed on single malts. The US government imposed a 25 per cent tax on whisky and liqueur on October 18.
Fashion retailer Boohoo experienced a 44 per cent spike in revenues over the four months to December 31, making £473.7million.