British Library Board (Power to Borrow) Bill

Lord Bassam of Brighton Excerpts
Lord Bassam of Brighton Portrait Lord Bassam of Brighton (Lab) [V]
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My Lords, I declare my interests as a trustee of Brighton’s wonderful Royal Pavilion and Museums Trust, which now runs our museums and the Royal Pavilion service, and as a co-chair of the People’s History Museum in Manchester, which houses an important national collection. I congratulate the noble Lord, Lord Vaizey, on his tour de force of British Library statistics in the form of facts, figures and general info. It was a wonderful introduction to this very uncontroversial Bill.

It has taken just under a year for the Bill to clear its Commons stages and make it to your Lordships’ House today, so I would guess that the journey to further financial freedoms and the ability to borrow has been stretched out. But given the long history of progress towards this point, from the original Act in 1972, I suppose we should be pleased at that. We hope that our considerations will be swifter, allowing the change the Bill proposes on to the statute book before the end of the Session.

This is a short but important Bill. As other colleagues have noted, it implements a key recommendation of the Mendoza review of national museums: to bring the rights of the British Library into line with the 15 DCMS-sponsored national museums, and to enable it to borrow money both privately and from the Government. The British Library, as we have heard from all the speakers in the debate, is a proud British institution with bases in London and in Boston Spa, in Yorkshire. We also of course support the development that is to take place in Leeds, creating a big northern presence and contributing towards the levelling-up agenda.

As well as allowing access to books and reading rooms, the British Library hosts a range of exhibitions, runs school visits and has a large outreach programme, all of which we support. While many people think of the British Library as being London-centric, as the noble Lord, Lord Vaizey, commented, its Boston Spa site hosts some 70% of the entire collection, as well as offering public reading room facilities. It also supports around 600 local jobs, which has no small economic impact. The institution undertakes important partnership work with libraries across the UK, as well as working internationally. As an exemplar of soft power, I can think of nothing better. Also, with its range of digitalisation and preservation of professional exchange initiatives, it leads in its field. After a year of the Covid-19 pandemic limiting its earning potential, the ambition to expand further and the ability to access funds from other sources are arguably more important than ever.

I share some of the concerns raised by the noble Lord, Lord Eatwell, about the potential corrupting impact of it being taken further into the commercial world of borrowing, but my and my party’s primary concern is that we did not receive an assurance from the Minister in another place that the British Library’s ability to borrow money will not become a justification for the Government reducing grant funding further. I hope that the Minister can reassure us on that point. With that, I give this Bill our party’s blessing.