Sir Stanley Clarke, founder of Northern Racing and owner of 1997 Grand National winner Lord Gyllene, has died at the age of 71.

British racecourse owner Northern Racing today reported a drop in real-terms profits after the weather and uncertainty over the UK racing industry’s future adversely affected the first half.

Doncaster has joined the long list of casualties from this week’s cold snap after officials on Town Moor were left with no option but to abandon tomorrow’s fixture.

Martin Pipe is responsible for 12 of the 57 entries for the £70,000 (€101,787) Singer & Friedlander National Trial at Uttoxeter on January 31.

Uttoxeter have called a further inspection for 9am to determine whether racing can go ahead this afternoon.

The FTSE 100 index notched up a new 14-month high today as markets rose on hopes of a strong third quarter earnings season.

London's top flight shares have continued their march towards a new one-year closing high.

The British Horseracing Board have announced that eight courses - which currently fall within foot-and-mouth exclusion zones - have been given the all-clear in principle to resume racing from a week on Thursday.