Channel 4: Consultation

Lord Londesborough Excerpts

Tuesday 16th November 2021 Lords Chamber

[Lord Parkinson of Whitley Bay (Con)]

My Lords, the Government want Channel 4 to succeed as a public service broadcaster, and all PSBs are required to broadcast news. They are regulated under Ofcom’s Broadcasting Code, which ensures that all the news is reported with due impartiality and accuracy. That would not change under private ownership. Our consultation document sets out our current view that Channel 4’s existing obligations relating to news and current affairs provision should be broadly retained in any potential reform.

[Lord Londesborough (CB)]

My Lords, for the sake of perhaps as little as £500 million, after you have netted off adviser and transaction fees, does the Minister feel that the risk/reward equation stacks up for privatising when we take into account the potential disruption to thousands of jobs, not just within Channel 4 but across hundreds of small independent producers spread across the country? I repeat the question: levelling up or levelling down?

[Lord Parkinson of Whitley Bay (Con)]

Again, the noble Lord slightly pre-empts our response to the consultation. A range of views have been made in it and that is why we held it. As I said previously, whatever decision we take will not compromise the Government’s commitment to the independent production sector and to the wider creative economy. I am glad to say that the independent production sector is now flourishing and increasingly less reliant on income from UK public service broadcasters, but these are the very issues that we are taking into account as we look at the consultation and the responses that we received.