Film Industry

Baroness Penn Excerpts

Thursday 10th October 2024 Lords Chamber

[Baroness Twycross (Lab)]

I understand that there is no pause to the funding for the Belfast deal.

[Baroness Penn (Con)]

My Lords, recognising the constraints ahead of the Budget and the contribution of our creative industries to growth in this country, could the Minister address the enterprise investment scheme for film and high-end TV? Do DCMS and His Majesty’s Treasury have any plans to look at this? If not, will she encourage them to do so?

[Baroness Twycross (Lab)]

I regret that I will have to be slightly repetitive in giving assurances of this Government’s commitment to the creative industries. Some of these issues are decisions for the Treasury, but both DCMS and the Treasury understand how important various measures and reliefs are to the industry. An update will be provided as soon as possible and, as noble Lords are aware, the Budget will be held later this month.