Lord Foster of Bath
Main Page: Lord Foster of Bath (Liberal Democrat - Life peer)Department Debates - View all Lord Foster of Bath's debates with the Leader of the House
(14 years, 1 month ago)
Commons ChamberMay I start by welcoming the hon. Lady to her position? She brings with her considerable showbiz panache—something that, despite his many other talents, the Under-Secretary of State, my hon. Friend the Member for Wantage (Mr Vaizey) tried but failed to do for many years when he was doing her job.
The hon. Lady has only been doing the job a short while—[Hon. Members: “So have you.”] Indeed. I will perhaps forgive her for not understanding how the figures work, because after the lottery changes introduced by this Government—changes that the Labour party opposed every step of the way—the actual cut in the arts budget is less than 12%. Perhaps this is a moment for the Opposition to review that policy; otherwise there will be two parties in British politics that want to throw a lifeline to the arts and one party that wants to take it away.
We have already heard that changes to the national lottery have meant more money for the arts, but does the Secretary of State agree that we could go even further, were we to change the taxation regime for the national lottery to a gross profits tax regime? That would bring in yet more money for the arts. Will he tell the House what progress is being made in that direction?
I am very happy to do so. I agree with my hon. Friend that there is a big opportunity if we change the taxation regime for the national lottery. When we were in opposition, Camelot gave us undertakings that it was prepared to indemnify the Government against any reduction in Treasury revenues, were such a change to be made. If it were still prepared to do that, I am sure that we could make fast progress.