BETFRED STAFF COMPENSATION

That this House notes Betfred's notification to its staff that it plans to remove overtime premium pay for Sundays and bank holidays as well as general overtime; further notes the poor compensation package offered to Betfred staff, which leaves them out of pocket in year one and all remaining years; further notes Betfred's recent announcement of £13.2 million in profit, its recent acquisition of a further 23 betting shops and its recent £4 million sponsorship of the World Snooker Championship; believes that wider economic challenges should not be a pretext or excuse to cut terms and conditions, especially in industries where profit continues to be made; understands that Betfred is issuing termination of contract notifications to those not accepting the compensation package; commends the work of Community - the union for life in its work to stand up for betting shop workers; and calls on Betfred to re-think its proposals, engage in meaningful consultation with its staff and their union representatives and refrain from cuts to terms and conditions.