Olympic Games: British Companies — Question

Part of the debate – in the House of Lords at 2:52 pm on 22 May 2012.

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Photo of Baroness Garden of Frognal Baroness Garden of Frognal Lords Spokesperson (Department for Culture, Media and Sport), Baroness in Waiting (HM Household) (Whip) 2:52, 22 May 2012

My Lords, as suppliers are paid the full commercial rate for their goods and services and are bound by the no-marketing rights clauses in their contracts, sponsors who have collectively raised in excess of £1 billion towards staging the Games are granted exclusivity for marketing rights. As the Written Ministerial Statement that I made on 1 May clarified, businesses can state their contribution to the Games in various contexts, including client lists, pitch documents and informal business contexts.