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Lords division · 4 Nov 2024 · No. 2

Bank Resolution (Recapitalisation) Bill [HL]

Baroness Bowles of Berkhamsted moved amendment 7, in clause 1, page 2, line 3, at end to insert—“(6) As a secondary objective to the special resolution objectives in section 4 of the Banking Act 2009, when discharging its functions in respect of the exercise of recapitalisation payments under this section, the Bank of England must observe the competitiveness and growth objective.(7) The competitiveness and growth objective is facilitating, subject to aligning with relevant international standards—(a) the international competitiveness of the economy of the United Kingdom, and(b) its growth in the medium to long term.”The House divided:

The Not Contents have it

Majority 30

Contents: 125 Not Contents: 155

At a glance The Not Contents won by a margin of 30 votes. The Government's position was Not Content, and it won.

How the parties voted

Contents

Liberal Democrat 56
Conservative 48
Crossbench 13
Non-affiliated 4
Ulster Unionist Party 2
Lord Speaker 1
Democratic Unionist Party 1

Not Contents

Labour 125
Crossbench 20
Non-affiliated 8
Plaid Cymru 2

The party breakdowns are our own analysis of the official voting records (recorded votes only; they do not describe the formal whip). How we work this out.

Peers attend divisions ad hoc, so there is no did-not-vote list. Tellers are counted in the Content and Not Content totals, unlike in the Commons.

Tellers: Baroness Humphreys (Content), Lord Stoneham of Droxford (Content), Lord Kennedy of Southwark (Not Content), Baroness Wheeler (Not Content).

Every vote

Contents (123)

Not Contents (153)

Tellers (4)

Source: the official Lords division record.