(2 days, 21 hours ago)
Lords ChamberI will need to write to the noble Baroness on that matter, as it did not come up in the preparation for this Question and I do not want to give an incorrect answer.
Further to my noble friend Lord Newby’s question on whether China is part of the consortium, and given what the Deputy National Security Adviser said about China being a threat, why would this not automatically trigger a referral through the provisions under the National Security and Investment Act?
There are no specific rules relating to the media merger regime on hostile states, but the bar for intervention within the regime is low. I would like to reassure the noble Lord that any sale of the Telegraph will be subject to the regime. As I stated earlier, it could be considered under the National Security and Investment Act if the Secretary of State deems, in her considerations, that the transaction would raise national security concerns. As I said earlier, it would be inappropriate for me to comment on a live merger case; this is a quasi-judicial process, and it is for the Secretary of State to determine the matter.
These two Questions I have been responding to today do have an element of similarity. I agree with the noble Lord that our relationships with Europe are related to trade but they also have to be related to security. We want to deepen co-operation within areas where the EU has unique capabilities, such as sanctions, countering disinformation, military mobilisation, and civilian crisis management and support—particularly to Ukraine. It is quite sobering to remember and recognise that, while we are talking about commemorating the Second World War, we do have war in Europe currently.
My Lords, can the Minister give a couple of economic arguments for why we would not want to be in a customs arrangement with the European Union?
We had an election, and this Government stood on not rejoining the customs union. We keep our promises as a party, and I make no apology for doing so.
I will take back my noble friend’s points about mental health and the role of freelancers and speak to my noble friend Lady Merron and the Minister of State about these significant issues.
My Lords, I think the whole House will agree with the Minister that film production is a real driver for regional growth, including in Scotland, where I live, like the noble Baroness, Lady Fraser. However, about 45 minutes ago, the noble Baroness, Lady Anderson, answered a Question on the pausing of the Northern Ireland city deals. The Belfast city deal includes investment for Studio Ulster. The Government are to be commended for promoting investment in film production, but they are simultaneously pausing it. Why?
I understand that there is no pause to the funding for the Belfast deal.