Commons Sense

House of Commons · Ministers' Questions

Horseracing

Thursday 28 November 2024 · 3 questions

Summarised by AI from the official record, so it can contain mistakes.

At a glance

Answered 0 Partly answered 1 Not answered 0

Key points

  • Minister for Gambling met representatives from horseracing and betting to encourage a voluntary deal.
  • The Office for Budget Responsibility warned that the national insurance rise would cost an average of 800 per employee.
  • The Government claims the Budget protected the smallest businesses, with more than half paying less or the same as before.

Topics (select to filter)

Questions & Answers

Q1 Nick Timothy Con West Suffolk
Context

The question arises from the need to provide more support for an industry that is a vital part of the economy in West Suffolk and nationally, supporting 85,000 jobs with a £4.1 billion annual economic contribution.

Question

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; 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.

Answer from Lisa Nandy

The horseracing betting levy is vital for the financial sustainability of the sport and its thousands of fans. 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. An update on progress is expected by the end of the year.

Partly answered

Not addressed: The timeline and specific reforms regarding the betting levy and affordability checks were not provided.

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Q2 Nick Timothy Con West Suffolk
Context

The horseracing industry has been affected by recent budget changes, including the national insurance rise which could cost the industry £16 million.

Question

Thank you, Mr Speaker. The horseracing industry has been left in the dark by this Government, following the Chancellor's disastrous Budget. The Office for Budget Responsibility warned that the national insurance rise would cost, on average, £800 per employee; with 20,000 employed across the country, it could cost the horseracing industry £16 million and the gambling sector up to £100 million before new levies. Will the Secretary of State tell the House whether her Department has made any assessment of the impact of the increase in national insurance contributions on the industry? How many jobs will be lost? How many training yards and courses will close?

Answer from Lisa Nandy

Let me gently say to the hon. Gentleman that he is well aware that in the decisions we took in the recent Budget, we protected the smallest businesses; more than half of businesses will pay either less or the same as they currently do. We will take no lectures from the Opposition about how to run the economy after 14 years, given the mess they left this country in.

Not addressed: The specific impact assessment and job losses were not addressed.

How: Taking Lectures, Mess Left By Previous Government

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Q3 Louie French Con Old Bexley and Sidcup
Context

The Office for Budget Responsibility warned that the increase in national insurance contributions could cost the horseracing sector £16 million, impacting 20,000 employees.

Question

Thank you, Mr Speaker. The horseracing industry has been left in the dark by this Government following the Chancellor's disastrous Budget; the Office for Budget Responsibility warned that the national insurance rise would cost on average £800 per employee; with 20,000 employed across the country, it could cost the horseracing industry £16 million and the gambling sector up to £100 million before new levies. Will the Secretary of State tell the House whether her Department has made any assessment of the impact of the increase in national insurance contributions on the industry? How many jobs will be lost?

Answer from Lisa Nandy

Let me gently say to the hon. Gentleman that he is well aware that in the decisions we took in the recent Budget, we protected the smallest businesses; more than half of businesses will pay either less or the same as they currently do. We will take no lectures from the Opposition about how to run the economy after 14 years, given the mess they left this country in.

Not addressed: The specific impact assessment and job losses were not addressed.

How: Taking Lectures, Mess Left By Previous Government

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