Exports to the European Union

Debate between Lord Livermore and Earl of Clancarty
Wednesday 20th November 2024

(1 day, 15 hours ago)

Lords Chamber
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Lord Livermore Portrait Lord Livermore (Lab)
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I agree with much of what the noble Lord says and agree wholeheartedly with the sentiment behind his question.

Earl of Clancarty Portrait The Earl of Clancarty (CB)
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My Lords, what is the timetable is for addressing these concerns? The creative industries have been hit particularly hard by Brexit, losing revenue in trade with Europe on daily basis. There is, or should be, a real urgency about this.

Lord Livermore Portrait Lord Livermore (Lab)
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I completely agree with the noble Earl. The creative industries, along with many others in our country, have been hit particularly hard by Brexit. We have identified the creative industries as part of the EU reset, identifying touring visas in particular as one of the priorities. The Prime Minister met with the President of the European Commission in Brussels on 2 October, and they have agreed to strengthen the relationship between the EU and the UK, putting it on a more solid and stable footing. We will now work with the EU to identify areas where we can strengthen co-operation for mutual benefit. Obviously, we recognise that delivering new agreements will take time, but we are ambitious, have clear priorities and want to move forward at pace.

Tax Reliefs: Theatre, Orchestra and Museums and Galleries Exhibition

Debate between Lord Livermore and Earl of Clancarty
Tuesday 15th October 2024

(1 month, 1 week ago)

Lords Chamber
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Lord Livermore Portrait Lord Livermore (Lab)
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I know that the noble Lord has genuine concern for, and a great deal of expertise and experience in, the arts and culture sector. As I said, the Government are committed to supporting the creative industries, and to creating good jobs and accelerating growth in film, music, gaming and the other creative sectors that the noble Lord mentioned. That is why we have ensured that the creative sector is a key part of our industrial strategy. As the noble Lord said, I cannot comment on any specific taxes, but he will know that the Government face a very challenging fiscal situation. He will know that the previous Government left a £22 billion black hole in the public finances, which they concealed from the public, Parliament and the OBR. Addressing that will involve very difficult decisions on spending, welfare and tax.

Earl of Clancarty Portrait The Earl of Clancarty (CB)
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My Lords, given that there are regional museums that are currently facing insolvency, does the Minister agree with me that, while tax relief is useful—indeed, necessary—the real concern for the arts is the wider one of inadequate funding levels?

Lord Livermore Portrait Lord Livermore (Lab)
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Clearly, the Government recognise the importance of the arts to our public life and support the funding of the arts at the appropriate level. Unfortunately, I will have to say that the Government will set out their plans for supporting the arts in the coming spending review.