Fancy a 15 per cent rise in annual income? Most people would, but owners were hoping for much more in 2003 and are incensed that £6m has been cut from prize money. The cutbacks, imposed because bookmaker profits on racing have dipped, has led to races being run for as little as £2,000 and threats of boycotts designed to punish errant racecourses. Wolverhampton's Saturday card was decimated by protest action, but owners will almost certainly have to bite the bullet. Indeed, further cuts could follow in 2004 with a fixture list top heavy with duff racing. Memorable quotes: "People are in denial, but the BHB deal with bookmakers isn't realising the expected income," Levy Board chairman Rob Hughes.