The third Economic Impact Study of the British Thoroughbred breeding industry was published on Wednesday. In the report, key opportunities and challenges for the sector were outlined and provide a blueprint for future progress. Building on reports published in 2014 and 2018, the study was commissioned by the Thoroughbred Breeders' Association (TBA) and conducted by PwC. Both the Racing Foundation and Horseracing Betting Levy Board (HBLB) funded the project. British breeding was found to have an impact of over £375m of gross value added to the rural economy, as well...