A FOBT ban could be terminal for high-street bookies – and great for a Labour donor

Hands up: who knows what a FOBT is? It stands for fixed odds betting terminal. No? Well, you should, because they are a serious menace to society. That’s what Ed Miliband says, anyway.

FOBTs, you see, are those souped-up slot machines one can find in bookmakers’ shops all over the country, especially in deprived areas, usually next to Poundland.