One recommendation from the Clementi review, which I mentioned earlier, is that in fact Ofcom might take responsibility for the BBC. That is obviously one of the recommendations that we are looking at and will be commenting on in May.
My Lords, it may surprise many noble Lords to hear that, having spent most of my professional career competing directly with the corporation, I am a great fan, and I absolutely do not support this market failure approach that many are promulgating. The BBC and many of its programmes are genuinely the envy of the world. What it needs is to be properly governed, properly regulated, with a very clear remit and licence for its services, and appropriately funded. The highly respected Communications Committee and the Select Committee in the House of Commons have made very significant contributions in their reports. I would urge the Minister to consider whether the debates in the House of Commons and the House of Lords might make a valuable contribution to the future success of the BBC.
I agree with the noble Lord that these debates are incredibly important. The BBC is part of the fabric of this country, and a source of great pride—and great support—for our creative industries.
My Lords, that is indeed the problem, which is why we are establishing a Small Business Commissioner who can help them and change the culture, and bringing in payment transparency which will show the payment track record of bigger companies. Not everything is bad. Some practice is good. Some companies pay small businesses quickly because they understand their brilliant contribution to the economy and to innovation.
My Lords, can the Minister tell the House what the Government are doing with large companies which are contractors to the Government to ensure that they are paying small companies on time? If they are not doing anything can we build in sanctions or parts of the contract to ensure that we do that? We should start at home.
My Lords, I completely agree that we should start in our own backyard. We have done exactly that by legislating to cascade 30-day terms down the public sector supply chain, new reporting requirements in government to hold contractors to account and a mystery shopper scheme where things go wrong.