Opposition Day — The Economy, Bankers Bonuses and Job Creation — 23 Jan 2012 at 21:49
The majority of MPs voted against urgent action to kickstart the economy to promote jobs and growth, against a tax on bankers' bonuses and against the government funding 100,000 jobs for young people.
The text of the rejected motion was:
- That this House
- notes with concern that unemployment has risen to its highest level for 17 years, youth unemployment has now reached a record level of 1.04 million and the number of young people claiming jobseeker’s allowance for over six months has more than doubled since January 2011;
- believes that cutting spending and raising taxes too far and too fast has choked off the recovery and pushed up unemployment and that it was a mistake for the Government to abolish the Future Jobs Fund;
- recognises that rising unemployment and the Government’s failing welfare to work programmes are leading to a higher benefits bill, which is contributing to the £158 billion of additional borrowing announced in the Autumn Statement;
- further notes reports that multi-million pound bank bonuses are set to be paid out this year, even in banks where the share price has almost halved; and in view of the most recent figures on unemployment,
- calls on the Government to take urgent action to kickstart the economy to promote jobs and growth and to reconsider its refusal to introduce a tax on bankers’ bonuses this year, in addition to the permanent bank levy, to fund 100,000 jobs for young people.
Votes by party, red entries are votes against the majority for that party.
What are Boths? An MP can vote both aye and no in the same division. The boths page explains this.
What is Turnout? This is measured against the total membership of the party at the time of the vote.
|Party||Majority (No)||Minority (Aye)||Both||Turnout|
|Con||258 (+1 tell)||0||0||84.6%|
|Lab||0||216 (+2 tell)||0||84.5%|
|LDem||44 (+1 tell)||0||0||78.9%|