Contribution of Scottish racing to Scottish economy highlighted in Parliamentary motion.
Miles Briggs, Scottish Conservative & Unionist MSP for Lothian, is highlighting the importance of Scottish racing to the Scottish economy in a Parliamentary motion after the launch of Scottish Racing’s Annual Report 2016 yesterday which indicated that racing generated over £300 million in Scotland in 2016. The annual report also said the sector sustained 3,430 full time equivalent jobs in Scotland.
Speaking today Miles, who is also Convenor of the Scottish Parliament’s Cross Party Group on Scottish Horseracing and Bloodstock Industries, said:
“ I welcome the information contained in Scottish Racing’s Annual Report 2016 which showed that Scottish racing generated over £300 million in Scotland last year and sustained thousands of jobs. This demonstrates just how important a sector of the economy Scottish racing is.
“ I know from my own Lothian region which contains Musselburgh Racecourse that jobs are created not just at the racecourse itself but through the many associated services like training and stabling and in the hospitality and tourism sector more broadly. Musselburgh Racecourse attracts thousands of people to the area which helps numerous local businesses gain extra trade.
“ It is also good to see that attendances at races have recovered well since the financial crisis and are now above 300,000 which means racing in Scotland is second in the top five spectator sports in
Scotland measured by attendances, above both rugby and golf tournaments.
“ I believe Scotland’s horse racing industry is well placed to grow and help deliver even greater economic benefits in the years ahead.”
* Please see below Miles’ motion as tabled in Parliament today, Friday 21st July 2017
Motion Number: S5M-06815
Lodged By: Miles Briggs
Date Lodged: 21/07/2017
Title: Scottish Racing’s Annual Review 2016
That the Parliament welcomes the publication of Scottish Racing’s 2016 Review; notes that the report indicates that racing generated £302 million in Scotland in 2016, sustaining 3,430 full time equivalent jobs, and that there were 300,200 attendances at race meetings; further notes the significant local economic impact of Scotland’s racecourses at Ayr, Hamilton Park, Perth, Musselburgh and Kelso; believes that the report confirms the substantial and welcome contribution that racing makes to the Scottish economy and as a key part of its cultural, sporting and tourism offerings, and wishes everyone involved in the racing sector continued success in the years ahead.