Oral Answers to Questions

Debate between Nick Timothy and Stephanie Peacock

Thursday 22nd May 2025 Commons Chamber

[Nick Timothy (West Suffolk) (Con)]

1. If she will produce an impact assessment for the proposed remote betting and gaming duty on the British horseracing industry.

[The Parliamentary Under-Secretary of State for Culture, Media and Sport (Stephanie Peacock)]

The Secretary of State is in Japan for the world expo conference in Osaka, strengthening UK-Japan relations. I know that she has written to you, Mr Speaker, to explain her absence.

The Government recognise the significant contribution that horseracing makes to the British economy. In that spirit, I pay tribute to Rachael Blackmore. She has had a fantastic impact on the sport and has enjoyed enormous success, and I wish her well with her retirement. His Majesty’s Treasury leads on the consultation on the tax treatment of remote gambling. The consultation is open till 21 July, and any impact assessment of any legislative changes will be a matter for that Department.

[Nick Timothy]

The racing industry is getting a bit tired of the warm words and lack of action. At the last oral questions, the Secretary of State said that

“we need to treat different forms of gambling differently”,—[Official Report, 3 April 2025; Vol. 765, c. 412.]

but the Government have since proposed a flat tax on all online gambling, which fails to distinguish between betting on sports like horseracing, which is limited by the number of races and requires knowledge and thought, and online casinos and gaming. However, problem rates for bets on racing are about the same as for lottery scratchcards. Will the Minister commit here and now to making sure that betting on sports like racing is not treated the same as betting on online casinos and gaming?

[Stephanie Peacock]

I thank the hon. Gentleman for his question. I am a big supporter of racing, and I appreciate how many jobs it contributes to the economy—according to the British Horseracing Authority, it is 85,000. I know that racing is really important to rural areas and towns. Of course, the consultation to which he refers is a Treasury lead. It is open till 21 July, but I will reflect his comments to the Treasury.

Oral Answers to Questions

Debate between Nick Timothy and Stephanie Peacock

Thursday 16th January 2025 Commons Chamber

[Stephanie Peacock]

I thank my hon. Friend for raising such an important question. Of course, any life lost is an absolute tragedy. When I was the shadow gambling Minister, I visited the Gordon Moody residential treatment centre, which supports people with gambling-related harm. On that visit and at other meetings, I heard at first hand about the devastating impact that gambling can have. We are committed to working across Government on this issue, particularly with the Department of Health and Social Care, including by establishing a comprehensive support and treatment system, funded by the statutory levy, and by strengthening messages in order to raise awareness of the risks of harmful gambling.

[Nick Timothy (West Suffolk) (Con)]

The Minister will not be surprised to hear me raise the issue of the disproportionality of affordability checks on those betting on racing, and the reform of the betting levy. I am grateful for the positive tone taken so far, and the constructive engagement from her and the Secretary of State. Talks between the gambling industry and the racing industry about the betting levy continue, but I think ultimately Ministers will be required to make a decision. We need the betting levy to be increased overall, and applied to races held overseas that people are betting on here. We think there will be not just a fiscal forecast but a mini-Budget in March. Can those industries start working with the Treasury now to make sure that there are plans to reform the betting levy in the Finance Bill?

[Stephanie Peacock]

I am grateful to the hon. Gentleman for that question. He is a huge champion for the horseracing industry. Of course, the Government and I recognise the significant contribution that racing makes to British sporting culture and the rural economy in particular. We are disappointed that talks have not been successful. The Government have heard racing’s concerns about the financial checks, and about the fact that there has not been an agreement. The Minister with responsibility for gambling and the Secretary of State continue to work on this issue.

Oral Answers to Questions

Debate between Nick Timothy and Stephanie Peacock

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.