2019 financial report

The British Horseracing Authority released a summary of its 2019 annual report and consolidated financial statements. BHA's Chief Executive Nick Rust opted for the release of an abbreviated version of 2019 to augment the strategic report featured in the accounts. Audited accounts for last season show an operating loss of £767,000--over the budgeted-for deficit of £478,000--and is due, in part, to increased activity including the formation of the Horse Welfare Board. In the summary, Rust reflects on notable events during the year like the equine influenza outbreak, Brexit, the impact...