Bank Resolution (Recapitalisation) Act 2025

UK Parliament · Public Bill · No. 3734
Bank Resolution (Recapitalisation) Act 2025
[As Introduced]
A
BILL
to
A Bill to make provision about recapitalisation costs in relation to the special resolution regime under the Banking Act 2009.
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Presented by Lord Livermore
supported by HM Treasury and Tulip Siddiq.
✓ Passed into lawPublicLordsRoyal Assent

Official Ballot · opengovt

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Open Govt visitors' votes563 votes

55% Aye · 30945% No · 254

Votes cast on this site by visitors who chose to vote. They are not a poll of the public.

MPs' votePassed without division

No division called, Third Reading carried on the voices.

How the Lords voted

2 formal votes in the House of Lords on this bill, newest first.

These are the occasions when peers formally divided and every vote was recorded. Most decisions in the Lords, including on many amendments, are agreed without a recorded vote, so they do not appear here.

4 November 2024Government won
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.”
Peers' vote280 peers
Content · 125Not content · 155
Labour 0 content, 127 not content · Liberal Democrat 57 content, 0 not content · Conservative 49 content, 0 not content · Crossbench 13 content, 20 not content · Non-affiliated 3 content, 6 not content · Plaid Cymru 0 content, 2 not content · Ulster Unionist Party 2 content, 0 not content · Democratic Unionist Party 1 content, 0 not content
4 November 2024Government defeated
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.”
Peers' vote372 peers
Content · 247Not content · 125
Conservative 158 content, 0 not content · Labour 0 content, 111 not content · Liberal Democrat 56 content, 0 not content · Crossbench 21 content, 10 not content · Non-affiliated 6 content, 4 not content · Plaid Cymru 2 content, 0 not content · Ulster Unionist Party 2 content, 0 not content · Democratic Unionist Party 1 content, 0 not content · Green Party 1 content, 0 not content

Lords votes last updated 18 October 2026. Source: UK Parliament Lords Votes API.