TBA Economic Impact Study January 2023
The UK Thoroughbred breeding industry plays an important role in the UK economy, environment and society. It contributes over £375m of gross value added (GVA) to the UK economy and supports 8,000 jobs directly, and a further 13,000 indirectly. The industry also facilitates Britain’s racing programme, which in turn contributes approximately £4bn to the UK’s GVA.
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The Jockey Club updates today that having reviewed feedback from the “Playing our part in Newmarket’s future” consultation earlier this year, the concepts consulted on for the area known as “Racecourse Side” have been submitted for consideration as part of the ongoing West Suffolk Local Plan process.
After substantial consultation and discussion between interested parties, from 1st October 2022, a new turf Hack Canter on Walton Downs will be provided and maintained for leisure horse riders on Epsom and Walton Downs. This will replace the sand Hack Ride, which will permanently close from this date and be left to return to its natural state.
In 2019 there was no shortage of success stories emanating from yards using the Lambourn Training Grounds as a number of trainers posted personal bests during the year.