British Horseracing Authority stand down 80 per cent of its staff amid coronavirus outbreak
- The British Horseracing Authority have stood down 80 per cent of its staff
- Over 200 out of 260 staff will be furloughed from work, saving £1million a month
- Salaries of other BHA staff and board members have also been reduced
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The British Horseracing Authority have stood down 80 per cent of its staff in an emergency financial plan to cut a third of its normal monthly budget.
Over 200 out of 260 staff will be furloughed from work using the government’s Coronavirus Job Retention Scheme. The saving is estimated a £1million a month.
The staff involved include personnel from the BHA’s London HQ plus race-day operational staff.
The British Horseracing Authority have stood down 80 per cent of its staff due to coronavirus
Salary reductions for BHA staff, both working and stood down, have been implemented while Board salaries have also been reduced.
BHA Chair, Annamarie Phelps said: “Our Board considered a range of options for how to maintain the most appropriate team that would allow us to carry out our role in the industry’s crisis response.
‘That includes the urgent financial work we are doing alongside industry colleagues, engaging effectively with government and making sure we have the right plan and the right resources in place to start racing again when we can.’
Racing is suspended until the end of April but, despite the cuts, the BHA say it would be in a position to resume from May 1 if able to do so.