Entain in no rush to repay £63m of UK furlough scheme cash

FTSE 100 operator salutes “sensible and highly welcome” policy intervention as management continues to review pandemic situation

Entain is still deciding whether to repay £62.9m in monies received by the UK government as part of the nationwide Covid-19 furlough scheme. During the pandemic, Entain took the decision to furlough 15,835 employees affected by ongoing shop closures across its Ladbrokes and Coral brands. Under the UK Coronavirus Job Retention Scheme, the government agreed…

Covid-19 | Employees | Entain | Finance | UK Treasury