The "fake news" that the UK Chancellor was going to dump his plans to hit fixed odds betting terminals in bookmakers’ shops has led to the street market’s trade association, BACTA, to call for "an holistic view" of the benefits put forward by the organisation in its package of suggestions for the three-yearly review of stakes and prizes.

Chief executive John White said: “The story, which was repudiated in a follow-up piece that appeared in The Times, does, however, provide us with an opportunity to press home BACTA’s economic and social case for a progressive approach to stakes and prizes that will enable our member companies to continue to make important contributions to regional economies throughout the country, not least those at the coast where many millions of UK citizens and international visitors will be holidaying this summer.”