Business News
The £300m economic impact horseracing has on Yorkshire
industry contributes in excess of £300m a year into the county’s economy. The study into the economic impact of horseracing
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in Yorkshire was carried out by the Centre for Regional and Economic Research at Sheffield Hallam University thanks to funding from the Racing Foundation. Using pre-Covid data from 2019, the study revealed
that the horseracing industry in Yorkshire contributes over £300m to the county’s economy, through both racing and non-race day events. Among the key findings were that racegoers spent
over £34m off-course, on things such as transport, food, beverages and hotels, while those attending the racecourses for non-racing events such as conferences spent £15.3m in the county. The industry supports more than 3,600 full time
equivalent jobs, over three quarters of which are in rural areas. Over 2,400 horses are trained in the county, which
represents 17% of all racehorses trained in Britain, while the county is home to 15% of Britain’s trainers. John Sexton, Chairman of Go Racing In Yorkshire,
said: “The study was commissioned before the Covid-19 pandemic struck and the effects are being felt in Yorkshire as much as any other part of the world. “This timely piece of research reinforces how vital
horseracing is to the Yorkshire and rural economy, plus the social and community aspect of the industry.
major study, commissioned by Go Racing In Yorkshire on behalf of Yorkshire’s nine racecourses, has revealed that the horseracing
DBCP makes appointments
The demand for increased space in homes together with the ongoing tightening of building regulations has triggered a trio of new appointments at Derbyshire Building Control Partnership (DBCP). The company, which is a
The industry supports more than 3,600 jobs “Early assessments show that Covid -19 could reduce
the impact of racing on the Yorkshire economy by 72% at a cost of £114.8m, underlining that the sooner we can get back to normality the better.” Ian Wilson, Deputy Director, Centre for Regional
Economic and Social Research and author of the study, said: “The study has revealed the value of Yorkshire’s horseracing industry to both the economy and social fabric of the region. “As well as making a significant economic impact,
the industry supports more than 3,600 full time equivalent jobs in the region. “Through the National Horseracing College and charities such as Racing Welfare the industry also provides specialist support to those entering horseracing to be successful and happy in their work.”
Local Authority approved representative of building control standards in Derbyshire, has appointed two new building control surveyors and a new member of its office based technical-support team. Together they will help
DBCP meet increased demand from both residential and commercial sectors across Derbyshire. Lee Carl and Sarah Purvey
have joined DBCP as Building Control Surveyors. They bring 30 years of combined building control experience to their new roles. Bev Glasgow has joined DBCP’s technical support team.
Visit:
www.dbcp.co.uk Call: 0333 880 2000
Autumn 2020 CHAMBERconnect 25
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