Tax Reliefs: Theatre, Orchestra and Museums and Galleries Exhibition Debate

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Department: HM Treasury

Tax Reliefs: Theatre, Orchestra and Museums and Galleries Exhibition

Baroness McIntosh of Hudnall Excerpts
Tuesday 15th October 2024

(1 month, 1 week ago)

Lords Chamber
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Baroness McIntosh of Hudnall Portrait Baroness McIntosh of Hudnall (Lab)
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My Lords, I think that everybody has heard loud and clear from my noble friend that he cannot make commitments that are waiting on decisions in the Budget. However, when he is talking to his colleagues at the Treasury, will he please stress the interdependency of all aspects of the cultural industries? Some generate more income than others but none is less important than any of the others, and without a proper sense of how they connect, all aspects of the cultural industries will suffer. Will he take that back to the Treasury and do the best he can to get the point across?

Lord Livermore Portrait Lord Livermore (Lab)
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I am very grateful to my noble friend. To be honest, I think that the point has already been registered; that is why we have made the creative industries a key part of our industrial strategy. The Government are committed to supporting the creative industries, including all the sectors that have been mentioned today, and that is why they will form a key part of the industrial strategy that was announced yesterday.