(7 years, 9 months ago)
Grand CommitteeMy Lords, I will say a few very brief words in strong support of the amendment in the name of the noble Lord, Lord Hunt of Wirral. I live in Camden. I know the location of Park Village very well. I can quite see how the works associated with HS2 would effectively put the company out of business. That is quite apart from the disfiguring of a particularly attractive corner of what is not always the most attractive borough.
I have also worked with Park Village over two decades or so. My companies and their clients have been enthusiastic users of the studio, which plays an important part in London’s creative industries. It generates significant revenue. It has an international reputation. It contributes to Camden’s creative life and its stock of jobs. London is quite rightly seen as the leading creative city when it comes to advertising and perhaps photography. Park Village Studios is part of this. It would be a very bad idea to lose the studio. It would be a bad and quite unjust idea to lose it without appropriate compensation.
My Lords, before I continue there is one point I want to clarify from my noble friend Lord Framlingham that came up in a previous debate. He asked about the purpose of the Grand Committee in relation to the work of the Select Committee. In general terms, a Select Committee in consideration of such a hybrid Bill normally looks specifically and primarily at private interests raised by petitioners, which gives it a very exhaustive opportunity to look at the different options. The role of the Grand Committee is what it traditionally is: to consider the public law clauses of a Bill, not the specific details of a private petition. We have certainly discussed those and I hope my noble friend feels that the issue has been clarified. I thought it was important to clarify that point.
Turning to the amendment, I apologise to my noble friend: I know he has written to me on this issue. I am assured by officials that a letter will be on its way shortly to address the specific issues he has raised in his letters. I hope that what I say will, if not totally, partly reassure him with regard to the concerns he has raised. As my noble friend acknowledged, this issue was considered fully by the Select Committees of your Lordships’ House and the other place. It received lengthy hearings. A number of assurances have already been given to the proprietors of Park Village Ltd regarding the compensation of losses.
Those assurances set out in detail that the Government will aim to avoid or reduce any impacts on the operation of the business and, if it becomes necessary to do so, will compensate losses suffered by the business under a number of scenarios. This compensation, which my noble friend referred to, will be determined in accordance with the compensation code, which, as I believe he acknowledged, is a tried and tested method of establishing such losses. This system has developed over many years and seeks to address the very concerns he has raised.
Notwithstanding those comments, during the recent Lords Select Committee hearings, the Government gave further assurances to the proprietors of Park Village Ltd to manage the impacts from construction works at Euston on the business. Additionally, we will keep open the possibility of relocating the business should that become necessary. In its recent report, the Lords Select Committee noted that the best course was for the proprietor,
“to work with the promoter to find ways of continuing to carry on the business where it is. Only if this proves unworkable should relocation, at least on a temporary basis, be considered”.
This matter is on the Government’s agenda and the Select Committee had specific views on it. I hope that my noble friend is partly reassured by what I have said and the fact that in the determination of the Lords Select Committee on this matter it has been aware of the challenges that the business is facing. Based on those reassurances, I hope my noble friend is minded to withdraw his amendment.