Home of horse racing generates 8,000 jobs and £200 million for the local economy

Newmarket has been long been known as the home of British horse racing but until now no-one has ever really put an accurate price on how much the industry brings to the area.

A new report commissioned to discover the economic impact of the town says more than 8,000 people are employed in the racing business in Newmarket and it brings £200 million to the town and surrounding area of Suffolk and Cambridgeshire.

The horse racing world has been centred on Newmarket for 400 years and at the peak of the season up to 3,000 horses are training in the area.

Click below to watch a report by ITV News Anglia's Kate Prout