Wednesday 13 January 2010

Ladbrokes staff given warning Bell

The shock departure of Chris Bell from Ladbrokes was hastened by disgruntled investors surprised by the bookie's heavily-discounted £275m rights issue. But did Bell himself see all this coming?
At the group's Christmas party, the well refreshed chief exec told staff that it had been a "crap" year, there would be no bonuses and there would be "some sackings". The man's a prophet!

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