Music: Contribution to the UK Economy

Jim Cunningham Excerpts
Friday 3rd November 2017

(4 years, 7 months ago)

Commons Chamber
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Conor McGinn Portrait Conor McGinn
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I absolutely agree with my hon. Friend’s point. I was going to mention that later, but she gives me the opportunity to say that I know that that matter has been raised with the Mayor of London, and it is certainly being raised across the industry. I had intended to mention it today because it is a hugely important issue, particularly for music in London.

Jim Cunningham Portrait Mr Jim Cunningham (Coventry South) (Lab)
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Anyone who appreciates music will also appreciate the fact that the Ricoh Arena in Coventry is a wonderful venue and that wonderful musical events are held there. Also, in passing, will my hon. Friend join me in paying tribute to the great Fats Domino, who passed away a few days ago?

Conor McGinn Portrait Conor McGinn
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I will indeed. Whatever vintage we are, we can all appreciate the genius of Fats Domino. I also think it is fair to say that the music at the Ricoh in Coventry is definitely better than the football there.

I want to highlight the global success of the industry, and its impressive achievements in driving tourism and generating export revenues. The UK music industry generated export revenues of £2.5 billion in 2016. That is a huge contribution to UK exports, and indeed to Exchequer revenues, and this will be increasingly important as the UK leaves the EU. At home, 823,000 overseas music tourists attended gigs and festivals here in 2016. That is an enormous credit to our myriad festivals and live music events, from the world-famous Glastonbury—where my right hon. Friend the Member for Islington North (Jeremy Corbyn) was the star turn—to the Westfield Street music festival in St Helens, where my hon. Friend the Member for St Helens South and Whiston (Ms Rimmer) and I were definitely not such star turns.