Brexit: Creative Industries Debate

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Thursday 27th October 2016

(8 years ago)

Lords Chamber
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Lord Ashton of Hyde Portrait Lord Ashton of Hyde
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I think the Government do a huge amount to support those institutions. I think we spend £3.9 billion on the BBC.

Lord Clement-Jones Portrait Lord Clement-Jones (LD)
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My Lords, the Minister gave a very careful reply to my noble friend—an extremely careful reply. Is the bottom line that the Government are not going to guarantee the current level of funding to our creative industries?

Lord Ashton of Hyde Portrait Lord Ashton of Hyde
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No, that is not what I said. I gave a very careful reply, as the noble Lord mentioned. In fact, for the creative industries, the most important fund is the Creative Europe fund, which is applied for directly to the EU. Funds that are applied for directly to the EU have an unconditional guarantee from the Treasury until we leave.