Jim Mullen, who took over from long-standing chief Richard Glynn just yesterday, has said Ladbrokes business is in taking bets on the General Election and not telling people how to vote in a sharply worded statement distancing himself, and the company, from political affiliations.
You may have seen our ex-CEO joined business leaders in signing a letter in the Daily Telegraph yesterday. He like all voters is entitled to his view.
However, I want to make it clear that our business is to take bets on the General Election, not to tell people how to vote. There are many shades of political opinion in our workforce of 15,000 never mind ex-employees or our customer base of millions of people. My vote is worth the same as theirs and their choice of vote is their business. So I won't be signing any letters in this, or any other General Election, that seeks to tell people how to vote.
Glynn, who recieved an £850,000 pay off on his last day on Tuesday, was one of more than 100 business leaders to praise the Conservatives track record when it comes to business policy, investment and job creation, while warning of a Labour governement's threat to jobs and a deterent to investment.