British Library Board (Power to Borrow) Bill

Baroness Falkner of Margravine Excerpts

2nd reading
Friday 19th March 2021 Lords Chamber

[Baroness Falkner of Margravine (CB)]

My Lords, it is a privilege to speak in this debate and support the Bill. I had a small walk-on part with the British Library: I was on the advisory council until December last year while the noble Baroness, Lady Blackstone, was its distinguished chair, with the brilliant Roly Keating as chief executive. I must say, now that I have left it—to chair the EHRC—I look back at how well run the British Library was in the time I was there. I hasten to add that that is not to imply that my other institution, the EHRC, is not fabulously well run, but it was a period when the library grasped innovation with both hands and leapt forward in many ways.

This institution absolutely deserves our wholehearted support but, with the events of the past year, there is a real danger of children and younger people forgetting the import of a physical book. Although the library does great stuff digitally, we must not forget that it is still the place where we can come in off the street, walk into that great building—I rather like the building, I must say—and stand there in awe, looking up at those towering stacks from the old great Reading Room of the British Museum. It is a pleasure to be in that physical space.

However, one of the key points of this Bill is to recognise that the library—in common with its museum peers, which already have the freedom—is an innovative and responsible custodian of public finances. Other museums have used the freedom to develop their commercial offers, borrowing at low rates to invest in income-supporting works that can create a return on their investment and supplement the grant in aid. In 2018-19, the library generated £17.1 million of commercial income, representing growth of 29.5% since 2015-16—the last time for which we have reliable statistics from the pre-Covid era.

I want to end on a point that I think is really significant in terms of the work that the library does. The people who have spoken in this debate may not know that it is a real challenge for hard-to-reach communities to engage with libraries. Children from those communities tend not to engage with libraries and instead go straight into digital; even then, they tend to learn in other ways. Adults and businesspeople do not realise that the British Library has a fabulous centre for entrepreneurship and IP. Over the past several years, the library has done an enormous amount of outreach work in those communities. I hope that, if the borrowing capacity for it in the Bill is approved, it will be able to progress that work, especially on its levelling-up agenda, and reach out to those communities and bring them into itself—our national library—but also other libraries across our country.