Music Industry
Viscount Trenchard Excerpts(4 years, 2 months ago)
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Baroness Barran (Con)
Obviously, my department is working very closely with those involved in the negotiations, and we aim to negotiate reciprocal arrangements which will facilitate businesses, including musicians and groups of musicians, to deliver their services within the EU.
Viscount Trenchard (Con) [V]
I declare my interest as a director of Standon Calling Ltd, a music festival business. I understand that the funding available through the cultural recovery fund has separate allocations for small loans of between £50,000 and £250,000 and larger loans from £250,000 up to £3 million. Can my noble friend tell the House to what extent the smaller loans category has been subscribed? If it has been oversubscribed, will the Government direct funding from the larger loans allocation to the smaller loans category, where it is of greatest assistance to freelance artists and the self-employed, who have not been able to benefit from the furlough scheme?
Data Strategy
Viscount Trenchard Excerpts(4 years, 5 months ago)
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Baroness Barran
The Government use a number of different media outlets, including social media. We take very seriously our responsibility to communicate across a range of media, so that anybody who needs that data and is interested in getting access to it can do so.
Viscount Trenchard (Con)
My Lords, the EU has set out its data strategy and aims to become a global regulatory role-model for the digital economy. My noble friend Lady Morgan of Cotes set out a similar vision for the UK
“to lead the world in nimble, proportionate and pro-innovation regulation”.
According to a recent survey, 50% of SMEs are still non-compliant with GDPR. What scope is there for the UK to diverge from the more cumbersome and expensive obligations of GDPR?
Baroness Barran
Our priority at this stage is to achieve full agreement with the EU in relation to data adequacy. As my noble friend knows, an enormous amount of data-related trade happens between the EU and the UK. We are anxious to secure that it should continue, albeit within an agile approach, as he rightly says.