Future of British Horseracing
Debate between Sally Jameson and Jacob Collier(3 weeks, 5 days ago)
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Sally Jameson (Doncaster Central) (Lab/Co-op)
It is a pleasure to serve under your chairship, Mrs Harris. I declare that I am also a member of the APPG on racing and bloodstock.
I am grateful for the opportunity to contribute to this important debate on the future of horseracing. Few places understand the cultural and economic impact of that industry better than Doncaster. Horseracing has been part of my constituency’s story for more than four centuries, and Doncaster racecourse is one of the oldest in the country. It has been home to the St Leger since 1776, and this September marks the St Leger’s 250th anniversary. It is an event that honours centuries of sporting heritage and continues to captivate racing fans from across the world. I am sorry to disappoint hon. Members in the Chamber, but it is the St Leger that is the most iconic racing event in this country. I hope everyone, including the Minister, will be able to join us this September.
Local success reflects the importance of the industry nationally. Horseracing contributes more than £4.1 billion to the UK economy, supports 85,000 jobs and remains the country’s second largest spectator sport. It is a major employer in my constituency and across Doncaster, an important part of both rural and urban economies, and defines Britain’s sporting heritage. If we want a successful future for horseracing, the industry must have the confidence to invest. That means providing greater certainty over its long-term funding and ensuring that Government policy reflects the unique contribution that racing makes to our economy and our communities.
Jacob Collier (Burton and Uttoxeter) (Lab)
I thank my hon. Friend for her advocacy for the sector. She will know that I have Uttoxeter racecourse in my constituency. For over 60 years the horserace betting levy has helped courses such as ours, but some of that levy does not go to racecourses such as Uttoxeter in the same way that similar levies in European countries go to their racecourses. Does my hon. Friend agree that the Horserace Betting Levy Board should look to give more support to courses such as ours?
Sally Jameson
I agree with my hon. Friend, and I want to highlight the unique relationship between horseracing and betting. Key income streams, including the horserace betting levy, media rights and sponsorship contribute around £350 million a year to racing. It is therefore vital that any changes to regulation recognise the potential impact on the industry and ensure that the economic and community value it brings is not diminished.