(3 years, 9 months ago)
Commons ChamberWhat a fantastically niche question from my hon. Friend, and how delighted I am to be able to answer it. He will know that scoring is a matter for the OBR. As the Budget policy costings in the Budget 2021 document set out, the costing for corporation tax has been adjusted to reflect behavioural responses to an increase in the rate of corporation tax. It is important to be clear that dynamic scoring can include a number of potential behavioural responses, such as adjustments to reflect the impact on the incentive to incorporate, on profit shifting, and on investment. If he is so minded, he can find further detail on page 196 of the OBR’s “Economic and fiscal outlook”.
(10 years, 10 months ago)
Westminster HallWestminster Hall is an alternative Chamber for MPs to hold debates, named after the adjoining Westminster Hall.
Each debate is chaired by an MP from the Panel of Chairs, rather than the Speaker or Deputy Speaker. A Government Minister will give the final speech, and no votes may be called on the debate topic.
This information is provided by Parallel Parliament and does not comprise part of the offical record
I agree with my hon. Friend, and I will return to the point she makes in the context of my experience of some of our institutions in Sheffield.
There is also under-investment in the visual arts sector in Sheffield. I am told that Sheffield has the largest number of practising artists per capita outside London, but we have limited provision for the exhibition of contemporary and visual art and do not have the resources to take advantage or to make the most of the opportunities they provide. We need to invest to reap the rewards. Our core cities provide a platform for artists on the way up: three of the four Turner prize nominees for 2013 had exhibited at Sheffield’s Site gallery in the past six years.
The Arts Council is at pains to point out that 70% of lottery funding is spent outside London, but that does not take us back even to the 2009-10 level of spend outside London, which was at 76%, and lottery funding is one-off funding. The lottery has supported some excellent capital developments, not least the stunning Persistence Works in Sheffield, but Arts Council funding has not matched that ambition with programme funding, which would enable us to animate these spaces to fulfil their potential.
I am grateful to the hon. Gentleman for this debate. I declare an interest as a director of the Hay festival. Does he agree that there is a difference between regional urban centres such as Sheffield, which have a distinct set of issues relating to the arts, and rural areas such as mine, where there is a need for an infrastructure to be maintained which would not exist without public support? I am thinking of Flicks in the Sticks in Herefordshire and the Monnow Valley arts centre—places that are very rural and do not have the advantages of an urban context.
I would certainly not want to counterpoise the arts in rural communities against those in urban communities. We face different and distinctive issues. One that we face is the challenge for local authority funding, because we are facing a disproportionate hit from the reduction of local authority funding.