Channel 4

Michael Fabricant Excerpts
Monday 9th January 2023

(1 year, 10 months ago)

Commons Chamber
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Michelle Donelan Portrait Michelle Donelan
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The additional jobs will be going not just to Leeds, but to other areas of the UK, including Glasgow and Bristol, and that will be a decision made and communicated by Channel 4 itself. As stated, the amount of jobs outside the capital will be double the number that has already been announced. The people of Leeds can take comfort from the decision that we have made today of putting Channel 4 on a sustainable footing so that its long-term future is secure.

Michael Fabricant Portrait Michael Fabricant (Lichfield) (Con)
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I do recall, by the way, how Channel 4 had to be dragged kicking and screaming to move to Leeds, and even then the majority of personnel still remain in London. There is no question but that Channel 4 has some questions to answer on that. At the moment, Channel 4 has only 10% of the total audience. We want to increase that and we want to see Channel 4 survive. My question is that if that is to be achieved by borrowing, will Channel 4 not sink under debt? That was the reason why I supported its sell-off.

Michelle Donelan Portrait Michelle Donelan
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As my hon. Friend will note, we have not increased the amount that Channel 4 can borrow. That will have to be done on a case-by-case basis. What we are doing is enabling Channel 4 to have the tools that it needs to survive in a very changed media landscape, including relaxing the publisher-broadcaster remit. That will enable it to have those commercial freedoms and to stop it having its current rigid business model.