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Lord Livermore (Lab)

Speaking in the House of Lords on 15 October 2024

Debate

Tax Reliefs: Theatre, Orchestra and Museums and Galleries Exhibition

Contribution

I am grateful to my noble friend for her question. The creative industries are absolutely a major driver of economic growth in this country. She will be aware that I am unable to comment on speculation about specific taxes. In the coming Budget, we must rebuild our public finances to ensure economic stability, including by addressing the £22 billion black hole inherited from the previous Government, which will involve difficult decisions on spending, welfare and tax.

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