Certain businesses in the UK are more likely to be inspected by the government, despite positive economic prospects.
Chairman of the mobile betting firm William Hill, Gareth Davis, thinks that the British government is overly involved in certain business affairs. According to gambling news, the chief believes that since the economy is on the rise, the state officials should not intervene affairs too much.
Davis commented that after the Great Recession of 2008 which caused financial turmoil across the globe, the government adopted a different monitoring policy. He is concerned that there is “a lot more intervention on many, many more areas of business than we were ever used to.”
Bookmakers under government scrutiny
Davis stated, “If you look at the spread of industries…and the focus on governance issues, particularly the remuneration issue…I’d have to conclude that in my 40 years of working life this is the most intervention I’ve seen. Most foreign observers would find that staggering, but we are where we are.”
There a several important affairs coming up on UK’s agenda. The Scottish referendum, talks about European Union membership and general elections in 2015 are all going to pose certain political challenges, which may distort the economic recovery.
Some online sportsbooks in UK are facing scrutiny from the government over gambling implications. William Hill and other bookmakers have been questioned over the amount betting shops in the UK and the grave consequences about fixed odds betting terminals (FOBTs).