Lord Wigley
Main Page: Lord Wigley (Plaid Cymru - Life peer)(1 day, 20 hours ago)
Lords ChamberI respect the noble Lord’s right to raise that question in this place. However, I will write to him on that matter; this is not something that I can respond to today.
My Lords, does the Minister accept that while it is of course important that we know the financial cost of everything, there are aspects of public policy—such as culture, the arts, music, et cetera—where we need to also understand the value? Is it not unacceptable that we should know the price of everything and the value of nothing?
If I were to say yes, that would probably be quite a short answer. We are looking at social value as well as value for money purely in financial terms as part of our approach.