Jesse Norman
Main Page: Jesse Norman (Conservative - Hereford and South Herefordshire)
Matt Warman
I give way to the Chair of the Culture, Media and Sport Committee.
Jesse Norman
I am grateful to my hon. Friend for the diligence and energy with which he has pursued this topic into this debate and I apologise for missing the start of it. As he may be aware, my Committee is still interested in taking evidence on the universal service obligation and in receiving submissions from constituents and from colleagues across the House. The work will begin fully next month.
May I share with my hon. Friend a thought on BT? It is not just a question of whether the relationship of BT to Openreach is supporting competition. It is also a question of whether Openreach is itself being starved of capital because it is located within BT with its new, emerging consumer and retail orientation. If it at least had its own balance sheet it might be able to borrow at very low rates and therefore support capital roll-out with it.
Madam Deputy Speaker (Mrs Eleanor Laing)
Order. Even the hon. Gentleman, who makes extremely good arguments, must make them quicker and briefer than that. We will never get through this debate if people keep making long interventions. It simply is not fair.