Political support for increased gambling taxes in the UK is growing in the lead up to the November Budget.
Deputy Labour leader hopeful Lucy Powell told The Guardian on Friday (19 September) she supported hiking tax on gambling companies to raise money to abolish the two-child benefit cap.
It follows former Prime Minister Gordon Brown’s recent op-ed in the paper on the subject, in which he lent his support to the two thinktank proposals that have been floated to hike the tax.
This, he argued, could raise up to £3bn on top of the £2.5bn in tax already paid by UK licensees to the Treasury.