Bank Resolution (Recapitalisation) Bill [Lords]: Amendment 2: how MPs voted on 24 April 2025
Division 175, 24 April 2025, 14:20. The Commons Votes API gives 89 Ayes, 230 Noes: majority 141 for the Noes.
The question
Clause 5
Code of practice
Amendment proposed: 2, page 4, line 14, at end insert—
“(2B) The code must include guidance to the Bank of England on the exercise of its functions in relation to building societies to ensure that, in circumstances where the use of a recapitalisation power may result in demutualisation, due consideration is given to the impact of such demutualisation on members and on the mutuals sector.
(2C) In preparing the guidance required under subsection (2B), the Treasury shall consider the feasibility of selecting a purchaser from the mutuals sector as a means of avoiding demutualisation, provided such a purchaser meets the resolution objectives.”—(Mark Garnier.)
This amendment seeks to ensure that, where possible, the selection of a purchaser from the mutuals sector is considered to avoid demutualisation, provided this aligns with the Bank’s resolution objectives.
Question put, That the amendment be made.
As printed in Hansard before the division.
By party
Conservative MPs cast 58 of the 86 named Aye votes; Labour MPs 212 of the 214 named No votes.
| Party | Aye (named) | No (named) |
|---|---|---|
| Labour | 0 | 212 |
| Conservative | 58 | 0 |
| Liberal Democrat | 19 | 0 |
| Independent | 3 | 2 |
| Green Party | 2 | 0 |
| Plaid Cymru | 2 | 0 |
| Democratic Unionist Party | 1 | 0 |
| Ulster Unionist Party | 1 | 0 |
| Total | 86 | 214 |
Tellers: Sir Ashley Fox (Conservative, Bridgwater) and Gregory Stafford (Conservative, Farnham and Bordon) (Ayes); Kate Dearden (Labour, Halifax) and Gerald Jones (Labour, Merthyr Tydfil and Aberdare) (Noes).
How each MP voted
300 named · CSV
Sources
- Bill: Bank Resolution (Recapitalisation) Act 2025
- Hansard: Bank Resolution (Recapitalisation) Bill [Lords]
- Commons division 175
- Commons Votes API: division
b8057722abb4d58615 October 2026 - Hansard API: division search
b1ab8e1ec9335fbe15 October 2026 - Hansard API: debate
aa38beb65793bf9115 October 2026
SHA-256 of each copy read. Open Parliament Licence v3.0