The Betting & Gaming Council warns that a possible rise in gambling taxes in the Budget could force 244 betting shops and eight casinos in UK seaside areas to close, costing 1,761 jobs. It says 609 betting shops and 20 casinos operate in coastal communities, which could be hit by a proposed increase in machine games duty on quiz, slot and fruit machines. A trainee manager at a Christchurch betting shop calls them community hubs, while the Council's CEO Grainne Hurst stresses their role in providing jobs in seaside towns with limited employment. The Chancellor is reportedly considering reversing Jeremy Hunt's cut to the bank surcharge from 8% to 3%, which the TUC backs as raising £2.25 billion a year, and the TUC has called for a 16% rate that could raise £24billion over four years.
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