William Hill to close town centre shop
PUBLISHED: 12:42 23 September 2019 | UPDATED: 12:42 23 September 2019
A popular bookmaker has become the latest casualty of Lowestoft's high street, as it is announced William Hill will close its doors.
The store on London Road North is yet to announce their closing date, but it forms a closure plan involving around 700 stores the betting giant will shut nationwide.
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It comes after William Hill saw a £721.9m pre-tax loss in 2018, down from a profit of £146.5m the previous year.
Many in the industry are blaming the cuts on the fact the government passed a law limiting the maximum stake on gaming products to £2 down from £100.
More to follow.