Brexit: Creative Industries Debate

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Baroness Bonham-Carter of Yarnbury

Main Page: Baroness Bonham-Carter of Yarnbury (Liberal Democrat - Life peer)
Thursday 27th October 2016

(8 years ago)

Lords Chamber
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Asked by
Baroness Bonham-Carter of Yarnbury Portrait Baroness Bonham-Carter of Yarnbury
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To ask Her Majesty’s Government whether they will match current levels of European Union funding for the creative industries following the United Kingdom’s exit from the European Union.

Lord Ashton of Hyde Portrait The Parliamentary Under-Secretary of State, Department for Culture, Media and Sport (Lord Ashton of Hyde) (Con)
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My Lords, the Chancellor announced that the Treasury will provide a guarantee for all new structural investment fund projects signed after the Autumn Statement and before we leave the EU where they provide value for money and support domestic strategic priorities. Leaving the EU means that we want to take our own decisions about how to deliver the policy objectives previously targeted by EU funding. Over the coming months, we will consult with stakeholders to review all EU funding schemes in the round to ensure that any ongoing funding commitments best serve the UK’s national interest while ensuring appropriate investor certainty.

Baroness Bonham-Carter of Yarnbury Portrait Baroness Bonham-Carter of Yarnbury (LD)
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I thank the Minister for his reply. I know he agrees that our creative industries are one of the great successes. Does he also agree that they have massively benefited from our being a member of the European Union? For example, the Creative Europe programme has a budget of £1.1 billion, for which funding UK applicants have a success rate double that of the EU average. Considering the contribution of the creative industries to our economy and our position as a soft-power superpower, can the Minister confirm that the creative industries will be at the top table when Brexit negotiations commence?

Lord Ashton of Hyde Portrait Lord Ashton of Hyde
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I am happy to agree with the noble Baroness that the creative industries are one of the great success stories of Britain. They have expanded by 34% since 2010 and now contribute 5.3% of GVA, so they are economically important, quite apart from the important cultural and aesthetic areas of promoting Britain abroad. They are at the top table—Ministers have had many meetings about the creative industries—and even if it was not for the cultural aspects, the fact that they are so important economically means that they are very much at the top table when Brexit is discussed. To show that in some way, the Secretary of State for DCMS is a member of the Cabinet’s economy and industrial strategy sub-committee, which met yesterday.