Channel 4: Annual Report

Lord Hannan of Kingsclere Excerpts
Thursday 21st July 2022

(1 year, 9 months ago)

Lords Chamber
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Lord Parkinson of Whitley Bay Portrait Lord Parkinson of Whitley Bay (Con)
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My Lords, given that Channel 4 is currently publicly owned, the Government are fully entitled to comment on the contents of its annual report. As I say, it is usual practice for departments to review annual reports. We cannot direct a public body to change what it says but it is quite proper for us to make representations. The Government are clear that we have the long-term interests of Channel 4 at heart in want to ensure that it continues to access the capital and funding it needs to continue doing the brilliant work that it has done for 40 years.

Lord Hannan of Kingsclere Portrait Lord Hannan of Kingsclere (Con)
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My Lords, is my noble friend the Minister aware of something that struck me as quite a striking feature of this report, which is that the chief executive of Channel 4 has had a 20% pay increase? Obviously, I look forward to the day when this is none of the Government’s business but, as long as we have the current arrangement, perhaps he would like to comment on the disparity between many viewers of Channel 4 dealing with real-terms pay cuts and what strikes me as an extreme level of high remuneration in this instance.

Lord Parkinson of Whitley Bay Portrait Lord Parkinson of Whitley Bay (Con)
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My noble friend is correct. The chief executive of Channel 4 received a 20% pay rise last year, taking her total salary to £1.2 million. That is twice the salary of the director-general of the BBC and more than the chief executive of ITV. Salaries are a matter for Channel 4 but I think this shows that the company is in rude health, one of the many things that make it an attractive asset to a potential buyer.