Tuesday 8th June 2021

(2 years, 11 months ago)

Westminster Hall
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Alun Cairns Portrait Alun Cairns (Vale of Glamorgan) (Con) [V]
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It is a privilege to serve under your chairmanship for the second time today, Ms Rees. It is a pleasure to congratulate my hon. Friend the Member for East Worthing and Shoreham (Tim Loughton) on securing the debate and the eloquent way in which he introduced it, which hit so many of the important marks. It is also a pleasure to take part in a debate where there seems to be unanimity across the parties in the House. The challenge is to find a solution that will work for everyone, and that meets the objectives and challenges that have already been set out.

I do not plan to detain hon. Members for too long; much of what I wanted to say has already been said. I merely want to underline a few points and offer a potential way forward.

We all recognise the unique part that the learned societies—the courtyard societies—including the Royal Society of Chemistry, play in our community and in society, including the public good they bring to culture, science and academia, and the positive influence they bring to global Britain, as has been said. I would add to that the importance of their independence and the scrutiny and the standards they set across their various specialist fields.

As well as their role, their history and their contribution needs to be recognised, as many hon. Members have stated this afternoon. It is part of our heritage. I understand the accounting policy change, the value of capital and the return on investment that Governments, going back 20 years or so, have wanted to gain. However, in reality—this point has already been made—their role in our heritage has made them heritage assets in themselves. The benefit is gained by so many of us right across the UK, but the prominence of their location really matters. It was good to hear from the right hon. Member for Dwyfor Meirionnydd (Liz Saville Roberts), who tied in that Welsh link with these organisations that have their headquarters in London, highlighting their reach right across the United Kingdom.

These important organisations are considered in terms of accounting policy and investment property, but in my mind, they should be considered as heritage assets. That would give the Minister greater flexibility to come up with a solution that will meet their demands and needs. I cannot imagine that it is beyond the ability of a bright, ambitious Minister and his officials to come forward with a solution that will work for all of these organisations. Doing so will also place him in a strong position to seek to influence these organisations in a positive way, so that they can extend their reach across the UK—so that their London base is their headquarters, but their reach continues right across the United Kingdom.