Horseracing

Grahame Morris Excerpts

Thursday 24th October 2024 Westminster Hall

[Grahame Morris (Easington) (Lab)]

Thank you very much, Sir Edward—it is very kind of you to call me so early in the debate. I declare an interest as the vice-chairman of the APPG on racing and bloodstock. It is a pleasure to serve with you, the Father of the House, as custodian of the time limits and procedures. I appreciate your advice, and I will stick to the required five-minute maximum. I congratulate the hon. Member for West Suffolk (Nick Timothy) on securing this important and timely debate.

I have always been a firm supporter of the horseracing industry. It may be the sport of kings, but it is loved by many thousands, if not millions, of working-class people. It is a vital part of not only our rich cultural heritage but our economic engine, especially for more rural communities and towns in areas such as mine. We have 59 racecourses across England, Scotland and Wales, and as was mentioned a little earlier, the industry draws almost 5 million spectators each year—I was actually surprised by the numbers. World-renowned events such as Royal Ascot, the Cheltenham festival, the grand national at Aintree—represented by my good and hon. Friend the Member for Liverpool Walton (Dan Carden)—and the Ebor meeting at York attract people from all walks of life, who appreciate the opportunity to visit in person.

However, smaller, less famous racecourses are of equal, or perhaps more, importance to local communities. The hon. Member for South Shropshire (Stuart Anderson) mentioned his racecourse in Ludlow—I am not familiar with it, but perhaps I will visit at some point in the future. We are blessed with many such racecourses in my region, with Hexham in the north and Sedgefield—the racecourse nearest my constituency—in County Durham, and they all play a crucial role in supporting the regional economy. Of course, I must mention Newcastle racecourse, the home of the Pitmen’s Derby—the Northumberland Plate—and, soon, the Fighting Fifth.

As we have heard, horseracing contributes a not insubstantial £4.1 billion annually to the UK and supports more than 85,000 jobs—it is actually the second largest spectator sport after football. It plays a significant role in rural areas, offering employment, boosting tourism and sustaining industries, including not just those directly involved in horse breeding and horseracing, but catering, transport and hospitality. However, as we are all aware, the industry faces economic challenges, many of which stem from previous policy decisions, as recognised in the 2023 gambling White Paper. As a result, it is accepted that reforms are necessary to ensure the sustainable future of this crucial sector.

One of the most pressing issues—I am sure the Minister is fully aware of this—is the need to reform the horserace betting levy, which is absolutely crucial for funding not just prize money to attract the best entrants, but equine welfare and veterinary science. Although the levy was due for review this year, the process was delayed because of the general election. In May the British Horseracing Authority and the Department for Culture, Media and Sport reached an agreement to reform the levy, including by increasing the rate to 11.5%—I am sure the Minister will say a bit more about that. That would create a growth fund to promote racing domestically and internationally, and I gently encourage her to continue engaging constructively with the British Horseracing Authority and to build on those important earlier discussions. I understand that the British Horseracing Authority is eager to return to negotiations as soon as possible to secure a sustainable future and a sustainable funding model.

I completely agree with the argument we heard earlier that the levy should apply to all racing globally that is bet on by British punters. There is an international precedent for that, so I am not quite sure why it has not yet happened—it might be the technology, but advances in technology make it possible now. That would bring us in line with other leading nations, particularly Ireland, and would help to ensure the sport’s long-term viability.

Horseracing is a vital part of Britain’s economy and culture. It provides jobs, supports rural employment and attracts global attention and publicity. As I and other colleagues have said, it faces serious challenges, but those can be resolved through horserace betting levy reforms. I am confident that our new Labour Government and our new Minister and ministerial team will work with the industry to make the necessary changes and ensure that this sport continues to thrive for years to come.