Hughes hails 'sensible' racing fund reduction

LEADING trainer Dessie Hughes has hailed the “sensible” decision of the Government to limit the reduction of the horse and greyhound racing fund to 1.7%.

The fund was cut by just £1m to €56.2m, with 80% of that fund bound for horse racing and the rest going to greyhound racing.

This is the fourth reduction to the fund in the past five years but there were fears that it would be slashed in the budget given that the Government was looking at cutting public expenditure by e€2.2bn.