Autumn Statement Debate

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Department: HM Treasury
Wednesday 3rd December 2014

(10 years ago)

Lords Chamber
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Lord Deighton Portrait Lord Deighton
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If Barnett consequentials are appropriate, of course they will follow.

Baroness Benjamin Portrait Baroness Benjamin (LD)
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My Lords, I congratulate the Government on at last recognising the benefits in giving tax credits to children’s television productions, on which the Liberal Democrats, Pact and the Children’s Media Foundation have campaigned for many years. This is great news, as the industry has been in decline. When will the tax credit come into force? I declare an interest as a children’s television producer.

Lord Deighton Portrait Lord Deighton
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I thank my noble friend for that question. Obviously she was in my mind when we developed that measure. It will be part of the Finance Bill next year.