Giles Watling
Main Page: Giles Watling (Conservative - Clacton)Department Debates - View all Giles Watling's debates with the HM Treasury
(1 month, 1 week ago)
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Giles Watling (Clacton) (Con)
The Chancellor of the Exchequer (Jeremy Hunt)
At the spring Budget, the Government announced a package of tax reliefs for our world-leading creative industries worth £1 billion over the next five years, including a 40% relief on business rates for eligible film studios in England and enhanced tax reliefs for visual effects.
Giles Watling
As we know, the UK’s cultural offer is world-beating and, particularly through the performing arts, the UK projects soft power across the globe. While welcoming the progressive tax breaks for our incredible film industry, it would appear that our far-reaching, high-end television offer has been left behind in the recent Budget. Does my right hon. Friend have plans to redress this deficit to ensure that the UK remains first on screens around the world?
Jeremy Hunt
No one knows more about high-end TV than my hon. Friend. Whoever said that politics is showbusiness for ugly people was absolutely wrong in his case. I will take away what he says and consider high-end television as a potential future Budget measure.