7:59 am, July 16, 2008
Caborn admits he dropped a clanger over the Tote
Former sports minister Richard Caborn has urged the government to divide up the Tote to end uncertainty over its future.
During a parliamentary debate at Westminster Hall, he called for the betting shops to be split off from the rest of the Wigan-based business. The pool betting business could then be run by a Tote Trust involving the horseracing industry.
Unless action was taken there would be a "haemorrhaging" of staff worried about their jobs, he added.
Caborn tried and failed to sell the Tote to a horseracing consortium while he was in government. Efforts to dispose of it for around £400m are still continuing, with Gala Coral seen as a front runner.
During the debate Caborn admitted: "I dropped a clanger" when his record was challenged by the Conservative Party’s tourism spokesman Tobias Ellwood.
The Tote operates telephone and internet businesses as well a chain of 540 shops and on-course pool betting and employs 650 people at its headquarters in Poolstock, Wigan.
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