Rolling coverage of the latest economic and financial news, as RICS house price balance drops again…and four lenders cut fixed-date mortgage costs
The owner of Ladbrokes and Coral bookmakers has said it is close to “drawing a line” under a scandal at its former Turkish business, as it set aside £585m to pay a fine over alleged bribery.
Entain has put aside the cash in anticipation of a settlement with UK authorities, who entered into a deferred prosecution agreement with the international betting and gaming group earlier this year.
“With the historic under-supply of homes the longer term outlook for housing remains positive.”
