Finance (No.2) Bill

I am grateful for the Minister's clarification of the Government's response. If we take into account the comments made by my hon. Friend the Member for Edinburgh East (Sheila Gilmore), it is clear that the Government are not in favour of the principle of this type of tax relief rather than the practicalities of the suggestions in the amending provisions. I am disappointed about that. I remind the Minister again of what the Under-Secretary of State for Culture, Olympics, Media and Sport, the hon. Member for Wantage (Mr Vaizey) said When asked during the election campaign whether the Conservative party was in favour of a games development tax break, he answered:"““emphatically, 100 per cent in support for game tax breaks. No ifs, no buts.””" That does not appear to be the Government's position today, which disappoints me. Perhaps at this point I should declare that PricewaterhouseCoopers helped me to draw up the new clause. I shall register that in due course. I think that we need to reflect on this issue. The right hon. Member for Wokingham (Mr Redwood), the hon. Member for Cities of London and Westminster (Mr Field), the hon. Member for Dundee East (Stewart Hosie), my hon. Friend the Member for Dundee West (Jim McGovern), my hon. Friend the Member for West Bromwich East (Mr Watson) and, outside the Chamber, my hon. Friend the Member for Liverpool, Wavertree (Luciana Berger) have demonstrated great support for their industry. Many jobs depend on it, not least in the constituency of my hon. Friend the Member for Nottingham East (Chris Leslie). We must ensure that we do not transfer jobs to Canada, France and other countries just because of the impact of our tax regime on the industry, and just because—as has been pointed out—some companies do not qualify for the help that the Government have provided through capital gains tax relief owing to their size. I accept what the Minister has said today, which I interpret as a closed door, but I must tell him that Members, including those with constituency interests, will return to the issue. I hope that he will accept the suggestion of my hon. Friend the Member for Dundee West that it should be examined in detail, that he will meet representatives of the industry, in London if not in Dundee, and that he will consider discussing with those who are helping to create this wealth how we can ensure that we keep the jobs in the United Kingdom. I hope he will not allow that door to remain completely closed. I give the Minister notice that both Back Benchers and Front Benchers will return to the issue, so that we can all fulfil our manifesto and election pledges and, more important, protect the industry in the United Kingdom as a whole. Having said that, I beg to ask leave to withdraw the motion. Motion and clause, by leave, withdrawn.