Lisa Nandy

Lisa Nandy

Labour — Wigan

Speaking in the House of Commons on 9 October 2024

Debate

Film Industry

Contribution

I thank the hon. Member very much. I know from her previous role on the Select Committee that she is a formidable Chair, and I am very much not looking forward to appearing in front of her at the earliest opportunity. The hon. Member is absolutely right about the visual effects tax credit. We understand how important these reliefs are to the industry and we plan to provide an update as soon as we can, although we have the spending review imminently, and there is work ongoing to ensure that we get right our offer to the creative industries as a whole. On the enterprise investment scheme for high-end TV, I am afraid that the answer is similar, but I would welcome the chance to keep talking to the hon. Member and to members of the Committee, once she has some. On the investment summit, I appreciate her calling me stardust—I do not think I have ever been called stardust before—or did she mean the people that we might bring along? She and I share the view that the creative industries are absolutely central to our economic growth agenda, and I am really pleased that that view is shared by the Prime Minister, the Chancellor of the Exchequer and the Secretary of State for Business and Trade. She will see that at the investment summit next week and in the work that we will release over the next few weeks.

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