https://www.gov.uk/guidance/venture-capital-schemes-apply-to-use-social-investment-tax-relief#trades.<\/a><\/p>Most profit seeking commercial trades qualify for the relief, and the criteria do not explicitly rule out grassroots music venues from receiving it. However, if your trade includes things like including property development or leasing activities, your enterprise may not qualify for SITR on the basis certain trades are often asset backed or have predictable or guaranteed revenue streams, making them lower risk. In turn, this could divert capital away from higher-risk enterprises that genuinely struggle to raise finance.<\/p>
The Government keeps SITR under review in order to ensure it continues to meet its policy objectives in a way that is fair and effective.<\/p>"}
, "answeringMember" : {"_about" : "http://data.parliament.uk/members/4647", "label" : {"_value" : "Biography information for Julia Lopez"}
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, "hansardHeading" : {"_value" : "Music Venues: Tax Allowances"}
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], "questionText" : "To ask the Secretary of State for Digital, Culture, Media and Sport, if she will extend social investment tax relief to grassroots music venues.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"}
, "tablingMember" : {"_about" : "http://data.parliament.uk/members/4398", "label" : {"_value" : "Biography information for Chris Green"}
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, "tablingMemberPrinted" : [{"_value" : "Chris Green"}
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, {"_about" : "http://data.parliament.uk/resources/1581510", "AnsweringBody" : [{"_value" : "Department for Digital, Culture, Media and Sport"}
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The Government is committed to supporting emerging musical talent and our grassroots music venues, which are the lifeblood of our world-leading music sector.<\/p>
The Government is supporting grassroots music through Arts Council England\u2019s (ACE\u2019s) Supporting Grassroots Live Music (SGLM) ring fenced fund of £1.5m. The fund is designed for organisations - including venues and promoters - with little or no prior experience of public funding applications.
DCMS supported culture, including grassroots music, during Covid-19 through the unprecedented £1.57bn Culture Recovery Fund (CRF). In England, the CRF provided immediate assistance to prevent 136 of our most loved and enduring grassroots music venues closing their doors for good.<\/p>
In addition, the Energy Bill Relief Scheme has provided support to all businesses across Great Britain and Northern Ireland, including grassroots music venues, protecting all non-domestic consumers from soaring energy costs, cutting the cost of power bills and providing them with the certainty they needed to plan through the acute crisis this winter. We will continue to do so through the Energy Bills Discount Scheme until Spring 2024.<\/p>
The Government also supports new and emerging talent through a range of export support programmes, including the successful Music Export Growth Scheme and the International Showcase Fund.<\/p>
DCMS and the Department for Education jointly published the National Plan for Music Education in June 2022, which sets out the Government\u2019s vision to enable all children and young people in England to have the opportunity to progress their musical interests and talents, including professionally.<\/p>
Finally, DCMS is also developing a Creative Industries Sector Vision that will set out this Government\u2019s ambitions, shared with industry, to support this high-growth sector to 2030.<\/p>"}
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, "date" : {"_value" : "2023-01-27", "_datatype" : "dateTime"}
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], "questionText" : "To ask the Secretary of State for Digital, Culture, Media and Sport, what steps she is taking to (a) support new and emerging talent performing at grassroots music venues and (b) improve funding opportunities.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"}
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Price regulation in the telecoms market is a matter for Ofcom as an independent regulator. Openreach\u2019s prices are fixed by Ofcom as part of their five-year Wholesale Fixed Telecoms Market Review (WFTMR) process and have been allowed to increase by CPI in order to reflect the significant additional costs faced when deploying new physical infrastructure. There are no plans to change the WFTMR until 2026. This is in line with industry requests for long-term stable regulation that incentivises competition and investment in the fixed telecoms market in order to increase the coverage of gigabit-capable networks as quickly as possible. This approach has been successful, with over 80 companies investing approximately £35 billion to connect premises across the UK.<\/p>
The Government\u2019s Statement of Strategic Priorities for Ofcom, published in 2019, states that we want to see regulation that incentivises network investment and ensures fair and effective competition between new and existing network operators. The Department regularly meets with Ofcom at all levels to discuss progress against its strategic priorities. My officials also regularly engage with representatives across the telecoms sector. On wholesale price increases specifically, the Department has received representations from both industry members and consumer groups.<\/p>"}
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, "date" : {"_value" : "2023-01-27", "_datatype" : "dateTime"}
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], "questionText" : "To ask the Secretary of State for Digital, Culture, Media and Sport, whether she has received representations from (a) industry representatives and (b) consumers on BT Openreach\u2019s proposed increase in the price of wholesale broadband; and what steps Ofcom can take under the Wholesale Fixed Telecoms Market Review to alter the level of the increase.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"}
, "tablingMember" : {"_about" : "http://data.parliament.uk/members/4005", "label" : {"_value" : "Biography information for Bob Blackman"}
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The Government has heard a range of reactions to the text and data mining (TDM) proposal, including concerns raised by rights holders. The Minister for Intellectual Property welcomed the additional evidence and the Government has now launched a period of stakeholder engagement on implementation options, taking into account the evidence received.<\/p>
We are confident that together we can design a balanced approach which supports the Government\u2019s ambitions on AI innovation without critically undermining value for rights holders. In parallel, we are also working with industry to develop the Creative Industries Sector Vision to set out our ambitions for the sector. We will publish this in the coming months.<\/p>"}
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