Draft Enterprise Act 2002 (Mergers Involving Newspaper Enterprises and Foreign Powers) (No. 2) Regulations 2025

Debate between Peter Fortune and Louie French

Tuesday 9th December 2025 General Committees

[Mr Louie French (Old Bexley and Sidcup) (Con)]

As always, it is a pleasure to serve under your chairmanship, Mrs Jardine. I am grateful to the Minister for her remarks in outlining the regulations. The Opposition broadly welcome the regulations, to which His Majesty’s Government committed during discussions on the No.1 regulations before the summer recess.

My first question is on the 5% carve-out. In the other place, the Secondary Legislation Scrutiny Committee quoted the correspondence it has had with the Minister’s Department about the carve-out and the way in which it will be used. The Department for Culture, Media and Sport said:

“Our judgment is that the possibility of the carve out being misused is remote”.

We can appreciate where the Government are coming from. Even though the scenario that the previous Government initially looked at—of multiple countries getting together and each seeking to acquire a 15% stake—was perhaps a little far-fetched, it was not entirely implausible. So it is right that this Government have listened and now acted to close that loophole.

[Peter Fortune (Bromley and Biggin Hill) (Con)]

I welcome the statutory instrument, and I wonder whether my hon. Friend agrees that this is about ensuring not just the future of the free press and editorial independence, but the financial stability of the industry? It is vital that any state-owned investors do not deter legitimate investment or the capital investment that the news industry needs.

[Mr French]

I thank my hon. Friend and neighbour for that intervention. I agree with his sentiment, and I will come on to explain why. The approach that the Government are taking, of carving out holdings of 5% or less in quoted companies, reduces the risk further. However, will the Minister tell us about the work that has been done by her Department to ensure that even in the unlikely event of foreign-state investors seeking to circumvent the rules, this has been ruled out?

As my noble Friend Lady Stowell said in the other place last week, the path to getting to this point has been rather longer than any of us expected or would have wished. Delay has a price for investors and vendors, as well as for the readers and journalists of our newspapers. My noble Friend took the opportunity to ask about whether and when we might expect a conclusion to this for the sake of The Daily Telegraph, and more broadly, whether His Majesty’s Government will look again at the Enterprise Act 2002 regime to ensure that future scenarios do not have to play out at such length.

We are all aware of the underlying need for investment in our newspapers, national and local, if they are to continue to flourish and perform the job that they do, which is vital for public discourse and democracy in the UK. That is why it is important that we get the rules right in the regulations before us, and that we maintain a framework that properly protects this essential part of our democracy, while still giving room for responsible investment. We need a regime that safeguards independence and free speech, but that also ensures that our newspapers and media organisations have the ability to grow and thrive for years to come.

Draft Football Governance Act 2025 (Specified Competitions) Regulations 2025

Debate between Peter Fortune and Louie French

Tuesday 28th October 2025 General Committees

[Mr Louie French (Old Bexley and Sidcup) (Con)]

It is a pleasure to serve under your chairmanship, Ms Lewell. Today’s statutory instrument prescribes the top five flights of the men’s English football pyramid as “specified competitions” for the purposes of the Football Governance Act, and brings them into the scope of the Government’s new regulator. Although I think we all understand and support the desire for stronger governance and transparency across football and sport more broadly, I and many others have concerns about the impact that the statutory instrument will have on smaller clubs. Last week, I spoke to the National League and some of its clubs about their 3UP campaign and their broader concerns about the state of the game. Many were concerned about their ability to comply with the new regulatory demands and paperwork that will soon be coming their way.

The Premier League and its clubs, and, to a certain extent, the Championship and its clubs, can meet the new burdens of red tape the Government’s new regulator will bring, but the smallest clubs—those closer to the foothills of the football pyramid—will struggle. The truth is simple: many of these teams just do not have the capacity, the officials or the financial resources to cope with the new layers of bureaucracy and the increase in costs that the Government’s regulator will bring. That is something I warned the Under-Secretary of State for Culture, Media and Sport, the hon. Member for Barnsley South (Stephanie Peacock), of during Committee stage of the Football Governance Act.

In that Committee and in the Chamber, I have said that football is one of England’s greatest success stories. From grassroots pitches to packed stadiums, it embodies our values of teamwork, fair play and community pride, but it is also a fragile ecosystem. If the Government keep layering on costs and compliance demands at the bottom of the pyramid, the Government risk hollowing out the very base that sustains the sport. Every £1 spent on regulatory compliance is £1 not spent on improving an ageing stand, an overgrown pitch or introducing a new generation of local youngsters to the game. It is an evening of paperwork instead of an evening coaching the under-12s, potentially depriving us of the next Harry Kane or Jordan Pickford.

[Peter Fortune (Bromley and Biggin Hill) (Con)]

I agree with my hon. Friend strongly that the regulation will impact clubs both large and small, such as Bromley FC in my constituency. The financial impact will be quite onerous, with very little benefit. Would my hon. Friend agree that we should have a review of the impact of the regulator on smaller clubs such as Bromley?

[Mr French]

My hon. Friend is right that we should have a review of the impact on smaller clubs. He will know from his club, Bromley FC, just how difficult it is to get out of the National League and into the English Football League. Bringing these clubs into scope will make it even more difficult for teams seeking promotion—especially to the National League, and then on to the English Football League—as they go from a successful but unregulated club to a heavily regulated club at the bottom of a higher division in fewer than 60 working days. Clubs already struggling to balance the books could find themselves in breach of regulations simply because they do not have the manpower to meet sudden new obligations placed upon them.

I would also like to talk about the timing of the statutory instrument. First, it has come months into the current season, and will come into force in less than a month’s time—not the Christmas present that many lower league clubs were looking for. Secondly, and most importantly, the Government have laid the statutory instrument before us in the full knowledge that there is an ongoing investigation into the Secretary of State’s decision to appoint a Labour crony to the chairmanship of the regulator. Will the Minister tell us why the Government think it is appropriate to appoint their Labour crony to the chairmanship of the regulator while there is an ongoing investigation into the process? Will the Minister also please tell us why he thinks it is appropriate to lay the statutory instrument while that investigation is ongoing?

The Football Governance Act was thought up as a way of protecting football clubs as community assets, not just businesses. We all know that these clubs are organisations that do so much more. They give young people a sense of belonging and purpose, provide an economic boost to local businesses and, most importantly, bring entire communities together. If the Government, however, make it too difficult for smaller clubs—such as Bromley FC, in my hon. Friend’s constituency—to operate, we risk losing them forever. As we know from recent memory, when a club disappears, it does not just take the team with it; it takes away an often major piece of local identity, history and pride.

It is because of the Government’s gung-ho attitude to the burdens it is placing on the smallest clubs—I warned it would—that we will vote against the statutory instrument today. As we have set out previously, we welcome stronger tests for owners, and I am grateful to the Sports Minister’s letter to me yesterday outlining some of the steps being taken on this. We support giving fans more of a say over their clubs, but we do not support state interference in our sports or burdening them with more red tape.

Property Taxes

Debate between Peter Fortune and Louie French

Wednesday 3rd September 2025 Commons Chamber

[Peter Fortune (Bromley and Biggin Hill) (Con)]

After a summer of rumoured tax rises, my constituents are deeply concerned. They are already paying more, because Labour broke its promise to freeze council tax, broke its promise not to increase national insurance, and broke its promises to first-time buyers, small businesses and farmers. Thanks to the Chancellor’s anti-business policies, growth forecasts are collapsing, borrowing costs are sky-high, and our national finances are shot.

Instead of looking at its reckless decisions, Labour is now calculating the best way to raise taxes, and my constituents are worried that the Chancellor is eyeing up their family home. In Bromley and Biggin Hill, on the edge of Greater London, homes are expensive. The average house price is well over half a million pounds, and there are rumours that the Government may scrap the private residence relief, which would be devastating. It would slap my constituents with an average £33,000 tax bill when they sell their family home. If someone has scrimped and saved, and been lucky enough to see the value of their home go up, they should not be handed a punitive tax bill. It only serves to knock working people back down when they are trying to get ahead.

[Mr Louie French (Old Bexley and Sidcup) (Con)]

Residents in Bromley, like those in Bexley, have been hit by the Mayor of London’s 77% increase in his share of council tax since he took office, alongside various driving taxes. Does my hon. Friend agree that this increase in property taxes would be the straw that broke the camel’s back for many residents?

[Peter Fortune]

I agree that the Mayor of London, Sadiq Khan, is causing residents in Bromley and Bexley real financial hardship. However, I in no way believe that this will be the final straw—the final way that the Mayor of London can find to damage my constituents and those of my hon. Friend. I am sure that he has plenty more straws, and a lot more camel to lay them on.

As I was saying, scrapping private residence relief would be irresponsible and economically ruinous. Imagine if somebody bought a house in Bromley in 2010 for £350,000. Today, it would cost somewhere in the region of £550,000. If they wanted to move to a new area for work or to be closer to family, without that relief, the tax bill would be somewhere in the region of £50,000. That eye-watering bill would stop people moving and wreck the housing market. That is why I urge others to support the motion, which rules out any further reckless tax rises. Working people cannot afford to keep bailing out Labour.