Mike Wood
Main Page: Mike Wood (Conservative - Kingswinford and South Staffordshire)(8 years, 11 months ago)
Commons ChamberCharter review comes round once every 10 years and I am determined that we should get it right. We will take however long it takes to ensure that we fully consult and consider the options, and we will publish as soon as we are ready. We are currently considering the length of the next charter, which was one of the questions in the Green Paper, and it will form part of our conclusions when we come to publish them.
T1. If he will make a statement on his departmental responsibilities.
Since the House last met for these questions, the Minister for sport, my hon. Friend the Member for Chatham and Aylesford (Tracey Crouch), has launched the first Government sports strategy in more than a decade and the Minister for Culture and the Digital Economy, my hon. Friend the Member for Wantage (Mr Vaizey), has become the longest serving arts Minister in history. We have also seen the sad passing of some of our great cultural icons. I am sure the whole Chamber will join me in extending our sympathies to the families, and indeed the fans, of David Bowie, Jimmy Hill, Alan Rickman and Lemmy, and also in celebrating the enormous contribution that each made to the sporting and cultural life of our country.
The success in attracting the “Star Wars” trilogy to the UK underlines the terrific talent available in our creative industries as well as the incredible variety of filming locations. What assessment has my right hon. Friend made of the impact of tax credits on the film and other creative industries?
My hon. Friend is absolutely right to highlight the success we have had in attracting international investment in film to this country not just in “Star Wars”, but in a huge proportion of the major films now being made. Part of the reason for that is indeed our creative industry’s tax credits. In 2013, the creative industries accounted for 5% of the economy, and our tax credits are one way of our supporting them. The film tax credit has been responsible for nearly £7 billion of investment in the UK, and our high-end TV tax credit has helped to support more than £800 million of investment.