Oral Answers to Questions

Nick Timothy Excerpts

Thursday 28th November 2024 Commons Chamber

[Stephanie Peacock]

I thank my hon. Friend for her question. I know Dudley well, and I know that she is a strong advocate for the area she represents. I reassure her that the Government are committed to supporting those places in need through the community wealth fund. We are working at pace on the details and delivery of the fund and will set out the next steps in due course.

[Nick Timothy (West Suffolk) (Con)]

5. What plans she has to support the horseracing industry.

[The Secretary of State for Culture, Media and Sport (Lisa Nandy)]

I know that the hon. Gentleman is a huge champion for horseracing, and the Government are well aware of the value of horseracing to the UK, which supports 85,000 jobs, has an annual economic contribution to the economy of £4.1 billion and is the second-best attended sport in Britain.

[Nick Timothy]

Mr Speaker, I am not sure if it is in order to raise the travesty of the refereeing decision last night in the Aston Villa-Juventus match, but I thought I would give it a try.

The Secretary of State has been warm about the horseracing industry, and I am grateful for that; it is a vital part of the economy in West Suffolk and nationwide. I have previously raised with her and her ministerial team the need to reform the betting levy and affordability checks. I would be grateful for an update on the timeline for any action on that.

[Lisa Nandy]

We believe that the horseracing betting levy is vital for the financial sustainability of the sport and its thousands of fans. I can update him that the Minister for Gambling recently met representatives from horseracing and betting to encourage a voluntary deal that fairly reflects the relationship between racing and betting. We expect an update from the British Horseracing Authority and the Betting and Gaming Council on progress by the end of the year.