A grouping that includes most of Britain’s major racecourses fired the opening shot in what could prove to be a civil war involving the country’s tracks on Tuesday, following confirmation from by the British Horseracing Authority earlier in the day that Charles Allen had resigned from his position as chair of the sport’s ruling body after just six months in the role.
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The war in the Middle East has plunged financial markets around the world into turmoil for a second day, with oil and gas prices surging and share indices plummeting days after the US-Israel attack on Iran.