(2 months ago)
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I thank the hon. Member for West Suffolk (Nick Timothy) for securing this debate. I refer Members to my entry in the Register of Members’ Financial Interests.
Horseracing is a national treasure and the UK is a world leader in the sport, which is worth more than £4.1 billion annually to the UK economy, as has been said. In Doncaster, our racecourse is a source of great pride. It is one of the oldest racecourses in the country, in operation since 1614, and has been home to the best race festival, the St Leger, since 1776. As well as being the largest racecourse in the country, it acts as a concert venue, hosting iconic pop artists such as the Saturdays, Madness and Jess Glynne. It was also host to this year’s election count, where I was duly elected to this place—without doubt, the best count in the country.
The importance of horseracing to Doncaster’s culture and the economy cannot be overstated. On leaving Doncaster railway station, visitors to our city can see our racehorses across the road on the city’s mural, and for four days each September Leger Way becomes impassable as locals and visitors alike flock to the country’s most iconic fixture at the racecourse. But we also have fixtures throughout the year—there were 36 in 2023—which are always popular events for both my constituents and visitors from further afield.
The racecourse is one of the jewels in Doncaster Central’s crown. As a proud Doncaster native and regular attendee at my course, I hope that racing continues to flourish to uphold this important cultural and economic asset in my city. To do that, it is important that the Government set the necessary conditions to sustain it and for it to flourish. As has been discussed, the British Horseracing Authority and the previous Government reached a settlement on the betting levy. The changes were due to take place in September, but following the election and the welcome change in Government, we have yet to see them implemented. I ask the Government to pick up the discussions on that settlement so that the horseracing industry can have clarity on its future and on the settlement, and to ensure that racecourses such as Doncaster are able to prepare and adapt to any changes.
I also ask, as other Members have, that the Government pick up on the need for an independent review of the wider funding model for the sport after this year’s settlement has taken effect, to ensure that the industry is able to succeed. I repeat the ask that consideration be given to applying the horserace betting levy to all horseracing globally that is bet on by British customers.
It is imperative that we do not underestimate the value of British horseracing to many constituencies like mine and recognise that we must protect its interests, so that racecourses such as ours in Doncaster can continue to thrive and provide high-quality events and jobs for visitors and constituents for the years to come.