Ladbrokes boss announces departure

Ladbrokes has begun the search for a new chief executive after Chris Bell announced plans to leave the bookmaker in the summer.

Mr Bell has been at the helm for nine years, having risen through the ranks during 20 years at the firm. He has taken Ladbrokes through significant changes in gaming regulations, including Britain's 2007 Gambling Act, as well as the rise in online betting and the diversification away from horse racing.