In December MSPs in Scotland called for FOBTs to be banned, and in England and Wales local authorities have forced ministers into talks over an attempt to cut stakes on the machines to just £2.
In his previous role as a minister at the Department for Culture Media and Sport, Mr Foster tried to cut stakes to £2 - something the government has the power to do under the terms of the 2005 Gambling Act, without passing new legislation.
Cut stakes long enough to get a good grip in the soil, and sharpen the ends with a long taper to a keen point to make driving them easier.
BLOOMBERG NEWS Paulson Cuts Stake in Gold E.T.F.
C1 Korean Cuts Stake in Auto Firm Hyundai, South Korea's largest business group, said its founder would sell a 6.1percentt stake in the Hyundai Motor Company.
[C4.] A Big Holder Cuts Stake in Viacom Capital Research and Management, which was the second-largest holder of shares of Viacom behind the chairman, has been reducing its holdings.
BLOOMBERG NEWS Carlyle Cuts Stake in Chinese Insurer | The Carlyle Group sold 18 million shares in China Pacific Insurance, the country's third-largest insurer, raising about $57 million and putting its stake below 5 percent, Reuters reports.
Since March 2002, Capital Research and Management, an investment firm that has big stakes in big media companies, has cut its stake in half -- to 47.8 million shares on Sept. 30, 2003, from 97.8 million at the end of March 2002, according to company filings.
CORRECTION: An earlier version of this post incorrectly stated that Berkshire Hathaway cut its stake in Coca-Cola.
GMAC's majority owner, Cerberus, will have to cut its stake in the finance company to 33percentt, from 51percentt, and reduce its voting stake to less than 15percentt.
