Clydesdale Bank helps young trainer get off to a great start

09/12/2011

Supported by Clydesdale Bank, ambitious new racehorse trainer, James Tate, is on the right track to achieving his dream after opening his own training yard in Newmarket.

Tate recently purchased Jamesfield Place Stables on Hamilton Road, with the help of financial support from Clydesdale Bank, and following an extensive refurbishment of the yard it is now up and running with 43 horses. Tate now plans to push forward with a second phase of refurbishment work at Jamesfield Place, which will allow him to hold around 52 horses within the next few weeks.

At 31 years old, Tate may still be young, but he has both thoroughbred racing blood and experience, with his uncle, Michael Dickinson, and his father Tom both highly successful trainers. His father-in-law, Len Lungo, was also a leading national hunt trainer before his retirement and Tate himself previously worked for six years as a senior equine vet for top trainer, Mark Johnston.

Tate said: “This is what I have always wanted to do and Clydesdale Bank has allowed me to realise my dream and get it off to a great start. I chose to set-up in Newmarket as I feel it’s the best possible place to start - being at the heart of the horseracing industry. The Gallops here are world class and I am looking forward to my future in Newmarket, training some fantastic winners.”

Andrew Pike, Managing Partner at Clydesdale Bank’s Financial Solutions Centre in Suffolk, said: “James is a very ambitious individual, who knows exactly what he wants to achieve in his career. As a bank it is great for us to support young talent and help them to achieve their future business goals.”