Westminster

There will be no horseracing across the UK on Wednesday as part of an industry-wide attempt to persuade the British government of the potentially ruinous consequences of a proposed rise in betting tax. A hike from 15 per cent to 21 per cent has been suggested to bring betting on racing and other sports into line with the tax rate for online gaming and slots, but the British Horseracing Authority (BHA), along with the sport's other representative bodies, has warned of the devastating impact on racing's finances if this is...