(13 years, 7 months ago)
Commons ChamberI would leave to the Minister’s discretion the question of whether this should involve a gradual process or a more immediate emergency response, but I want to make a plea today for an immediate response on the percentage of the horse racing levy that is going to be contributed this year.
Just to clarify the matter, I was not suggesting that a decision should be delayed for three years. I just think that there should be an end date to the statutory levy in order to speed up the examination of other opportunities for funding to horse racing.
I thank the hon. Gentleman for that clarification; that was my understanding of the point he was making in his speech.
I find the words of the general manager of Newcastle racecourse deeply worrying, not only because of the economic implications at a time when Newcastle and the north-east face difficult times as a result of the Government’s cuts but because of the potential knock-on effect on commercial activity and the tourism industry in the region. I would hope, given this Government’s apparent commitment to supporting regions such as the north-east to grow their private sector in order to replace the thousands of lost public sector jobs, that the Secretary of State and the Minister will be equally troubled by what Mr Lane had to say. It is disappointing that we have reached a stage at which the Secretary of State has had to intervene on this issue, but I would urge him to reach a fair and equitable decision on the levy for 2011-12 as a matter of urgency.
For all the reasons that I outlined earlier, it is also vital that British racing is placed on a secure financial footing for the long term, thereby allowing racecourses such as Newcastle that want to continue to thrive, further invest in their business and staff, and provide entertainment and pleasure to people such as my dad, to do so for many years to come. I look forward to hearing the Minister explain how he intends to secure that outcome.