National Lottery

Part of the debate – in the House of Commons at 3:29 pm on 25 October 1995.

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Photo of Mr Nick Hawkins Mr Nick Hawkins , Blackpool South 3:29, 25 October 1995

The right hon. Gentleman mentioned profits. Does he accept that the lottery organisers, Camelot, had to take all the commercial risk? That is something that the Labour party simply does not understand. It does not understand the concept that a company must take risks, and is entitled to the profits if it is prepared to take those risks.