Login Register
 °

Budget tax cut hands a big booster to bingo hall

By Burton Mail  |  Posted: March 27, 2014

Mecca Bingo, Burton

Mecca Bingo, Burton

Comments (0)

SHOUTS of ‘house’ will be echoing across a bingo hall in Burton for many years to come after bosses revealed that a Budget booster has helped secure the firm’s future.

Bosses at the Rank Group, which operates Mecca Bingo, in Middleway Park, Burton, revealed to the Mail that the tax cut handed down by Chancellor George Osborne last week would allow it to reinvest the savings in jobs and revitalise its business.

The site in Burton is set to be part of a £6 million modernisation project which is being rolled out during the next three years, and customers are also set to be boosted as managers vowed to pass on some of the savings to them in the form of lower prices and bigger prizes.

The tax cut could also see new jobs created in the town as well as the safeguarding of existing ones

Miles Baron, chief executive of the Bingo Association, said: “We are already seeing evidence that the duty reduction on bingo will be transformational for operators and customers.

“The Bingo Association wants to thank bingo fans and players, the MPs who got behind us and the Chancellor, for delivering the stimulus we needed.

“Communities across the country will now benefit from investment in premises, jobs and better value for customers as a result.”

The Budget announced a cut in the rate of Bingo Duty from 20 per cent to 10 per cent to support bingo clubs and this is set to benefit all bingo operators in the UK.

In 2012, there were 400 bingo clubs, employing 12,000 people.

Six million people are retail members of the Bingo Association, half of them playing regularly.

George Osborne said: “Bingo clubs up and down the country support many jobs.

“By cutting in half the tax that they pay, we are backing an industry that is so much more than the sum of its parts.”

The Budget also saw one penny knocked off a pint in a major boost for the beer and pub trade.

Read more from Burton Mail

Do you have something to say? Leave your comment here...

max 4000 characters

YOUR COMMENTS AWAITING MODERATION

 
 
 

MORE NEWS HEADLINES