Debates between Esther McVey and Stephanie Peacock during the 2024 Parliament

Future of British Horseracing

Debate between Esther McVey and Stephanie Peacock
Tuesday 7th July 2026

(4 weeks ago)

Westminster Hall
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Stephanie Peacock Portrait Stephanie Peacock
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I recognise the point made by the shadow Minister. I quoted him in recognising his consistency on this issue, and I noted that he put questions on this to the previous Government. Around 97% have been frictionless in the pilot. Obviously, it has not yet been rolled out, but it will be, and it will be kept under close consideration.

The hon. Member also put another couple of questions to me. I understand that the evidence will be published in due course and the implementation timeline will be published after the summer. If he would like to meet the Gambling Minister, I am sure she will meet him and other hon. Members who are interested.

Horseracing holds a unique position as the only sport in receipt of a direct, Government-mandated levy, which is paid by bookmakers at 10% of gross profits and is projected to return £110 million to the sport this year. Following a comprehensive review of the levy, a written statement to the House in March outlined that there will not be legislative changes to its rate or scope at this time.

In last year’s Budget, the Chancellor announced that British horseracing was specifically carved out of the increase to gambling duty, which affected overseas racing and other forms of betting. We recognise that bookmakers already contribute through the 10% levy and we want to acknowledge the valuable role the sport plays in British culture. My hon. Friend the Member for Stoke-on-Trent Central (Gareth Snell), who is no longer in his place, raised the unintended consequences with me. I will ensure that the Gambling Minister writes to him, and I will reflect those concerns to the Treasury.

As announced last week in our response to the consultation on fees, on-course bookmakers will now be charged on the basis of gross gambling yield rather than days of operation. That removes a significant financial disincentive for bookmakers to attend smaller race meetings and will result in a fee reduction for 44% of operators in this category.

I am incredibly encouraged by the proactive and ambitious steps that the racing sector is taking to innovate. The British Horseracing Authority’s work on Project Beacon and Project Pace shows exactly the kind of forward-thinking strategy needed to protect and grow the sport.

Members have raised valid points about the risk of consumers moving to the unlicensed illegal gambling market. The Government recognise that that threat exists. We are taking action in this space, including providing an additional £26 million funding over three years to enable the Gambling Commission to increase its enforcement activity. The illegal gambling taskforce, chaired by Baroness Twycross, is actively considering what more can be done to tackle those threats and will meet again later this month.

We are also committed to ensuring that the licensed sector is not placed at a commercial disadvantage. To support that, we will soon launch a consultation on banning unlicensed gambling sponsors in sport and will continue to work across Government to crack down on illegal advertising.

Finally, I want to touch on the issue at the heart of the sport—the welfare of the animals. Over the last 20 years, British racing has invested more than £47 million in veterinary research and education, with funding from the levy board and more recently the Racing Foundation. To build on that progress, the levy board is committing £3.7 million to disease surveillance, veterinary science and education programmes starting this year.

Esther McVey Portrait Esther McVey
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I appreciate that the Minister might not be able to answer some of the very specific questions I raised, so could she make sure that the Gambling Minister writes to me with the answers?

Stephanie Peacock Portrait Stephanie Peacock
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I absolutely make that commitment. I touched on some of the points that the right hon. Lady made, but I will make sure that she receives that letter.

British horseracing is a cherished part of our national heritage and an invaluable contributor to our economy. As I have reflected in this place before, I have a number of happy memories of going to the races myself, down the road from my constituency to Donny races, and to York races, where I spent a wonderful day with my late, great agent, Jim Andrews, who sadly passed away shortly after that time. I always think of him when I think of York races.

Oral Answers to Questions

Debate between Esther McVey and Stephanie Peacock
Thursday 22nd May 2025

(1 year, 2 months ago)

Commons Chamber
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Stephanie Peacock Portrait The Parliamentary Under-Secretary of State for Culture, Media and Sport (Stephanie Peacock)
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The Government value youth services and we know the vital role they can play in young people’s lives. I have had a number of cross-Government meetings on this issue in the last few weeks. We continue to work on our national youth strategy, and if my diary allows, I will be delighted to visit.

Esther McVey Portrait Esther McVey (Tatton) (Con)
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I will enter the great parliamentary ice cream competition and say that Cheshire, of course, does the best ice cream.

Given the huge riches in the Premier League, should there not be a greater expectation that more money flows down into grassroots football and non-league clubs such as Knutsford FC and Witton Albion in my constituency, which work unbelievably hard just to stay afloat? I say that especially as so many Premier League footballers live just up the road from the two clubs.

Stephanie Peacock Portrait Stephanie Peacock
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The hon. Lady makes an important point. It is not for Government to decide that, but I know from my own experience that grassroots clubs play a huge role in communities. The Premier League contributes a lot. It is up to the Premier League to decide how much money it puts down the pyramid.