Bank Resolution (Recapitalisation) Bill [HL]

Division 1: held on 4 November 2024

247 Contents
125 Not Contents
The amendment was agreed
Government defeat

Amendment summary

Baroness Vere of Norbiton moved amendment 2, in clause 1, page 1, line 20, at end to insert—
“(2A) The Bank of England must not require the scheme manager to make a recapitalisation payment if it has directed the financial institution to maintain an end-state Minimum Requirement for Own Funds and Eligible Liabilities (MREL) exceeding minimum capital requirements.”

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Tellers for the Contents

Courtown, E.
Conservative
Excepted Hereditary
Williams of Trafford, B.
Conservative
Life peer

Members voting Content

Conservative (158)

Altrincham, L.
Conservative
Excepted Hereditary
Anelay of St Johns, B.
Conservative
Life peer
Arbuthnot of Edrom, L.
Conservative
Life peer
Ashcombe, L.
Conservative
Excepted Hereditary
Attlee, E.
Conservative
Excepted Hereditary
Bailey of Paddington, L.
Conservative
Life peer
Balfe, L.
Conservative
Life peer
Barran, B.
Conservative
Life peer
Bellamy, L.
Conservative
Life peer
Berridge, B.
Conservative
Life peer
Blackwood of North Oxford, B.
Conservative
Life peer
Blencathra, L.
Conservative
Life peer
Bloomfield of Hinton Waldrist, B.
Conservative
Life peer
Booth-Smith, L.
Conservative
Life peer
Booth, L.
Conservative
Life peer
Borwick, L.
Conservative
Excepted Hereditary
Bourne of Aberystwyth, L.
Conservative
Life peer
Brady of Altrincham, L.
Conservative
Life peer
Brady, B.
Conservative
Life peer
Buscombe, B.
Conservative
Life peer
Caine, L.
Conservative
Life peer
Caithness, E.
Conservative
Excepted Hereditary
Cameron of Chipping Norton, L.
Conservative
Life peer
Cameron of Lochiel, L.
Conservative
Life peer
Camoys, L.
Conservative
Excepted Hereditary
Camrose, V.
Conservative
Excepted Hereditary
Carrington of Fulham, L.
Conservative
Life peer
Cathcart, E.
Conservative
Excepted Hereditary
Choudrey, L.
Conservative
Life peer
Colgrain, L.
Conservative
Excepted Hereditary
Courtown, E.
Conservative
Excepted Hereditary
Teller
Crathorne, L.
Conservative
Excepted Hereditary
Davies of Gower, L.
Conservative
Life peer
De Mauley, L.
Conservative
Excepted Hereditary
Deben, L.
Conservative
Life peer
Dobbs, L.
Conservative
Life peer
Dundee, E.
Conservative
Excepted Hereditary
Eccles, V.
Conservative
Excepted Hereditary
Effingham, E.
Conservative
Excepted Hereditary
Evans of Bowes Park, B.
Conservative
Life peer
Evans of Rainow, L.
Conservative
Life peer
Fall, B.
Conservative
Life peer
Fleet, B.
Conservative
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Fookes, B.
Conservative
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Frost, L.
Conservative
Life peer
Fuller, L.
Conservative
Life peer
Gascoigne, L.
Conservative
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Geddes, L.
Conservative
Excepted Hereditary
Gilbert of Panteg, L.
Conservative
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Glendonbrook, L.
Conservative
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Gold, L.
Conservative
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Goldie, B.
Conservative
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Goodman of Wycombe, L.
Conservative
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Grayling, L.
Conservative
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Hailsham, V.
Conservative
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Hamilton of Epsom, L.
Conservative
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Hannan of Kingsclere, L.
Conservative
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Harlech, L.
Conservative
Excepted Hereditary
Hayward, L.
Conservative
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Herbert of South Downs, L.
Conservative
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Hodgson of Abinger, B.
Conservative
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Hodgson of Astley Abbotts, L.
Conservative
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Holmes of Richmond, L.
Conservative
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Hooper, B.
Conservative
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Horam, L.
Conservative
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Houchen of High Leven, L.
Conservative
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Howard of Lympne, L.
Conservative
Life peer
Howard of Rising, L.
Conservative
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Howe, E.
Conservative
Excepted Hereditary
Howell of Guildford, L.
Conservative
Life peer
Hunt of Wirral, L.
Conservative
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Jackson of Peterborough, L.
Conservative
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Jamieson, L.
Conservative
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Jenkin of Kennington, B.
Conservative
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Keen of Elie, L.
Conservative
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Kirkham, L.
Conservative
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Kirkhope of Harrogate, L.
Conservative
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Laing of Elderslie, B.
Conservative
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Lamont of Lerwick, L.
Conservative
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Lancaster of Kimbolton, L.
Conservative
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Lansley, L.
Conservative
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Lawlor, B.
Conservative
Life peer
Leigh of Hurley, L.
Conservative
Life peer
Lexden, L.
Conservative
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Lindsay, E.
Conservative
Excepted Hereditary
Lingfield, L.
Conservative
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Lucas, L.
Conservative
Excepted Hereditary
Mackinlay of Richborough, L.
Conservative
Life peer
Magan of Castletown, L.
Conservative
Life peer
Mancroft, L.
Conservative
Excepted Hereditary
Markham, L.
Conservative
Life peer
Marks of Hale, L.
Conservative
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McColl of Dulwich, L.
Conservative
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McInnes of Kilwinning, L.
Conservative
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McIntosh of Pickering, B.
Conservative
Life peer
Meyer, B.
Conservative
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Mobarik, B.
Conservative
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Morris of Bolton, B.
Conservative
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Moylan, L.
Conservative
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Moynihan of Chelsea, L.
Conservative
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Murray of Blidworth, L.
Conservative
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Naseby, L.
Conservative
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Neville-Jones, B.
Conservative
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Neville-Rolfe, B.
Conservative
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Newlove, B.
Conservative
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Nicholson of Winterbourne, B.
Conservative
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Noakes, B.
Conservative
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Norton of Louth, L.
Conservative
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Offord of Garvel, L.
Conservative
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Owen of Alderley Edge, B.
Conservative
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Parkinson of Whitley Bay, L.
Conservative
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Patten, L.
Conservative
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Penn, B.
Conservative
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Pickles, L.
Conservative
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Pidding, B.
Conservative
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Porter of Fulwood, B.
Conservative
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Porter of Spalding, L.
Conservative
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Ranger of Northwood, L.
Conservative
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Rawlings, B.
Conservative
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Reay, L.
Conservative
Excepted Hereditary
Redfern, B.
Conservative
Life peer
Remnant, L.
Conservative
Excepted Hereditary
Risby, L.
Conservative
Life peer
Robathan, L.
Conservative
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Roberts of Belgravia, L.
Conservative
Life peer
Roborough, L.
Conservative
Excepted Hereditary
Sanderson of Welton, B.
Conservative
Life peer
Sandhurst, L.
Conservative
Excepted Hereditary
Sater, B.
Conservative
Life peer
Scott of Bybrook, B.
Conservative
Life peer
Sharma, L.
Conservative
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Sharpe of Epsom, L.
Conservative
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Shephard of Northwold, B.
Conservative
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Sherbourne of Didsbury, L.
Conservative
Life peer
Shinkwin, L.
Conservative
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Shrewsbury, E.
Conservative
Excepted Hereditary
Stedman-Scott, B.
Conservative
Life peer
Sterling of Plaistow, L.
Conservative
Life peer
Stowell of Beeston, B.
Conservative
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Strathcarron, L.
Conservative
Excepted Hereditary
Stroud, B.
Conservative
Life peer
Sugg, B.
Conservative
Life peer
Taylor of Holbeach, L.
Conservative
Life peer
Trefgarne, L.
Conservative
Excepted Hereditary
True, L.
Conservative
Life peer
Tugendhat, L.
Conservative
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Udny-Lister, L.
Conservative
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Vaizey of Didcot, L.
Conservative
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Vere of Norbiton, B.
Conservative
Life peer
Verma, B.
Conservative
Life peer
Waldegrave of North Hill, L.
Conservative
Life peer
Wei, L.
Conservative
Life peer
Williams of Trafford, B.
Conservative
Life peer
Teller
Wolfson of Tredegar, L.
Conservative
Life peer
Wrottesley, L.
Conservative
Excepted Hereditary
Wyld, B.
Conservative
Life peer
Young of Cookham, L.
Conservative
Life peer
Younger of Leckie, V.
Conservative
Excepted Hereditary

Crossbench (21)

Alton of Liverpool, L.
Crossbench
Life peer
Burnett of Maldon, L.
Crossbench
Life peer
Cavendish of Little Venice, B.
Crossbench
Life peer
Clancarty, E.
Crossbench
Excepted Hereditary
Colville of Culross, V.
Crossbench
Excepted Hereditary
Coussins, B.
Crossbench
Life peer
Craigavon, V.
Crossbench
Excepted Hereditary
Cromwell, L.
Crossbench
Excepted Hereditary
D'Souza, B.
Crossbench
Life peer
Hampton, L.
Crossbench
Excepted Hereditary
Hunt of Bethnal Green, B.
Crossbench
Life peer
Kerr of Kinlochard, L.
Crossbench
Life peer
Londesborough, L.
Crossbench
Excepted Hereditary
Mair, L.
Crossbench
Life peer
Meston, L.
Crossbench
Excepted Hereditary
Peel, E.
Crossbench
Excepted Hereditary
Sentamu, L.
Crossbench
Life peer
Thomas of Cwmgiedd, L.
Crossbench
Life peer
Vaux of Harrowden, L.
Crossbench
Excepted Hereditary
Wellington, D.
Crossbench
Excepted Hereditary
Wheatcroft, B.
Crossbench
Life peer

Liberal Democrat (56)

Alderdice, L.
Liberal Democrat
Life peer
Bakewell of Hardington Mandeville, B.
Liberal Democrat
Life peer
Barker, B.
Liberal Democrat
Life peer
Beith, L.
Liberal Democrat
Life peer
Benjamin, B.
Liberal Democrat
Life peer
Bonham-Carter of Yarnbury, B.
Liberal Democrat
Life peer
Bowles of Berkhamsted, B.
Liberal Democrat
Life peer
Brinton, B.
Liberal Democrat
Life peer
Bruce of Bennachie, L.
Liberal Democrat
Life peer
Burt of Solihull, B.
Liberal Democrat
Life peer
Clement-Jones, L.
Liberal Democrat
Life peer
Dholakia, L.
Liberal Democrat
Life peer
Doocey, B.
Liberal Democrat
Life peer
Featherstone, B.
Liberal Democrat
Life peer
Foster of Bath, L.
Liberal Democrat
Life peer
Fox, L.
Liberal Democrat
Life peer
Garden of Frognal, B.
Liberal Democrat
Life peer
German, L.
Liberal Democrat
Life peer
Goddard of Stockport, L.
Liberal Democrat
Life peer
Grender, B.
Liberal Democrat
Life peer
Hamwee, B.
Liberal Democrat
Life peer
Humphreys, B.
Liberal Democrat
Life peer
Hussain, L.
Liberal Democrat
Life peer
Janke, B.
Liberal Democrat
Life peer
Kramer, B.
Liberal Democrat
Life peer
Ludford, B.
Liberal Democrat
Life peer
Marks of Henley-on-Thames, L.
Liberal Democrat
Life peer
McNally, L.
Liberal Democrat
Life peer
Newby, L.
Liberal Democrat
Life peer
Oates, L.
Liberal Democrat
Life peer
Palmer of Childs Hill, L.
Liberal Democrat
Life peer
Parminter, B.
Liberal Democrat
Life peer
Pidgeon, B.
Liberal Democrat
Life peer
Randerson, B.
Liberal Democrat
Life peer
Razzall, L.
Liberal Democrat
Life peer
Redesdale, L.
Liberal Democrat
Life peer
Russell, E.
Liberal Democrat
Excepted Hereditary
Scott of Needham Market, B.
Liberal Democrat
Life peer
Scriven, L.
Liberal Democrat
Life peer
Sharkey, L.
Liberal Democrat
Life peer
Sheehan, B.
Liberal Democrat
Life peer
Shipley, L.
Liberal Democrat
Life peer
Smith of Newnham, B.
Liberal Democrat
Life peer
Stoneham of Droxford, L.
Liberal Democrat
Life peer
Storey, L.
Liberal Democrat
Life peer
Strasburger, L.
Liberal Democrat
Life peer
Suttie, B.
Liberal Democrat
Life peer
Teverson, L.
Liberal Democrat
Life peer
Thomas of Gresford, L.
Liberal Democrat
Life peer
Thomas of Winchester, B.
Liberal Democrat
Life peer
Thurso, V.
Liberal Democrat
Excepted Hereditary
Tope, L.
Liberal Democrat
Life peer
Tyler of Enfield, B.
Liberal Democrat
Life peer
Wallace of Saltaire, L.
Liberal Democrat
Life peer
Walmsley, B.
Liberal Democrat
Life peer
Wrigglesworth, L.
Liberal Democrat
Life peer

Other (12)

Altmann, B.
Non-affiliated
Life peer
Ashton of Hyde, L.
Non-affiliated
Excepted Hereditary
Bennett of Manor Castle, B.
Green Party
Life peer
Empey, L.
Ulster Unionist Party
Life peer
McCrea of Magherafelt and Cookstown, L.
Democratic Unionist Party
Life peer
Paddick, L.
Non-affiliated
Life peer
Prior of Brampton, L.
Non-affiliated
Life peer
Rogan, L.
Ulster Unionist Party
Life peer
Smith of Llanfaes, B.
Plaid Cymru
Life peer
Taylor of Warwick, L.
Non-affiliated
Life peer
Warsi, B.
Non-affiliated
Life peer
Wigley, L.
Plaid Cymru
Life peer

Tellers for the Not Contents

Kennedy of Southwark, L.
Labour
Life peer
Wheeler, B.
Labour
Life peer

Members voting Not Content

Crossbench (10)

Boycott, B.
Crossbench
Life peer
Carter of Haslemere, L.
Crossbench
Life peer
Hogan-Howe, L.
Crossbench
Life peer
Jay of Ewelme, L.
Crossbench
Life peer
Laming, L.
Crossbench
Life peer
Loomba, L.
Crossbench
Life peer
Meacher, B.
Crossbench
Life peer
Patel, L.
Crossbench
Life peer
Skidelsky, L.
Crossbench
Life peer
Watkins of Tavistock, B.
Crossbench
Life peer

Labour (111)

Anderson of Swansea, L.
Labour
Life peer
Andrews, B.
Labour
Life peer
Armstrong of Hill Top, B.
Labour
Life peer
Ashton of Upholland, B.
Labour
Life peer
Bach, L.
Labour
Life peer
Bakewell, B.
Labour
Life peer
Bassam of Brighton, L.
Labour
Life peer
Beamish, L.
Labour
Life peer
Berkeley, L.
Labour
Life peer
Blake of Leeds, B.
Labour
Life peer
Boateng, L.
Labour
Life peer
Bradley, L.
Labour
Life peer
Brooke of Alverthorpe, L.
Labour
Life peer
Browne of Ladyton, L.
Labour
Life peer
Bryan of Partick, B.
Labour
Life peer
Campbell-Savours, L.
Labour
Life peer
Chakrabarti, B.
Labour
Life peer
Chandos, V.
Labour
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Chapman of Darlington, B.
Labour
Life peer
Coaker, L.
Labour
Life peer
Crawley, B.
Labour
Life peer
Cryer, L.
Labour
Life peer
Davies of Brixton, L.
Labour
Life peer
Donaghy, B.
Labour
Life peer
Dubs, L.
Labour
Life peer
Eatwell, L.
Labour
Life peer
Faulkner of Worcester, L.
Labour
Life peer
Foulkes of Cumnock, L.
Labour
Life peer
Glasman, L.
Labour
Life peer
Golding, B.
Labour
Life peer
Griffiths of Burry Port, L.
Labour
Life peer
Hannett of Everton, L.
Labour
Life peer
Hanson of Flint, L.
Labour
Life peer
Hanworth, V.
Labour
Excepted Hereditary
Harris of Haringey, L.
Labour
Life peer
Haskel, L.
Labour
Life peer
Hayman of Ullock, B.
Labour
Life peer
Hayter of Kentish Town, B.
Labour
Life peer
Hazarika, B.
Labour
Life peer
Healy of Primrose Hill, B.
Labour
Life peer
Hendy of Richmond Hill, L.
Labour
Life peer
Hendy, L.
Labour
Life peer
Howarth of Newport, L.
Labour
Life peer
Hughes of Stretford, B.
Labour
Life peer
Hunt of Kings Heath, L.
Labour
Life peer
Jones of Whitchurch, B.
Labour
Life peer
Jones, L.
Labour
Life peer
Jordan, L.
Labour
Life peer
Keeley, B.
Labour
Life peer
Kennedy of Cradley, B.
Labour
Life peer
Kennedy of Southwark, L.
Labour
Life peer
Teller
Knight of Weymouth, L.
Labour
Life peer
Lawrence of Clarendon, B.
Labour
Life peer
Lennie, L.
Labour
Life peer
Leong, L.
Labour
Life peer
Levy, L.
Labour
Life peer
Liddle, L.
Labour
Life peer
Lipsey, L.
Labour
Life peer
Lister of Burtersett, B.
Labour
Life peer
Livermore, L.
Labour
Life peer
Mallalieu, B.
Labour
Life peer
Mandelson, L.
Labour
Life peer
McConnell of Glenscorrodale, L.
Labour
Life peer
McIntosh of Hudnall, B.
Labour
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McNicol of West Kilbride, L.
Labour
Life peer
Merron, B.
Labour
Life peer
Mitchell, L.
Labour
Life peer
Monks, L.
Labour
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Morgan of Drefelin, B.
Labour
Life peer
Murphy of Torfaen, L.
Labour
Life peer
O'Grady of Upper Holloway, B.
Labour
Life peer
Osamor, B.
Labour
Life peer
Pitkeathley, B.
Labour
Life peer
Quin, B.
Labour
Life peer
Ramsay of Cartvale, B.
Labour
Life peer
Ramsey of Wall Heath, B.
Labour
Life peer
Rebuck, B.
Labour
Life peer
Reid of Cardowan, L.
Labour
Life peer
Ritchie of Downpatrick, B.
Labour
Life peer
Rooker, L.
Labour
Life peer
Royall of Blaisdon, B.
Labour
Life peer
Sahota, L.
Labour
Life peer
Shamash, L.
Labour
Life peer
Sherlock, B.
Labour
Life peer
Sikka, L.
Labour
Life peer
Smith of Basildon, B.
Labour
Life peer
Smith of Cluny, B.
Labour
Life peer
Smith of Gilmorehill, B.
Labour
Life peer
Smith of Malvern, B.
Labour
Life peer
Spellar, L.
Labour
Life peer
Stansgate, V.
Labour
Excepted Hereditary
Stevenson of Balmacara, L.
Labour
Life peer
Symons of Vernham Dean, B.
Labour
Life peer
Taylor of Stevenage, B.
Labour
Life peer
Thornton, B.
Labour
Life peer
Timpson, L.
Labour
Life peer
Touhig, L.
Labour
Life peer
Tunnicliffe, L.
Labour
Life peer
Turnberg, L.
Labour
Life peer
Twycross, B.
Labour
Life peer
Vallance of Balham, L.
Labour
Life peer
Watson of Invergowrie, L.
Labour
Life peer
Watson of Wyre Forest, L.
Labour
Life peer
Watts, L.
Labour
Life peer
Wheeler, B.
Labour
Life peer
Teller
Whitaker, B.
Labour
Life peer
Wilcox of Newport, B.
Labour
Life peer
Winston, L.
Labour
Life peer
Winterton of Doncaster, B.
Labour
Life peer
Wood of Anfield, L.
Labour
Life peer
Woodley, L.
Labour
Life peer

Other (4)

Austin of Dudley, L.
Non-affiliated
Life peer
Patel of Bradford, L.
Non-affiliated
Life peer
Stone of Blackheath, L.
Non-affiliated
Life peer
Uddin, B.
Non-affiliated
Life peer