Queens' Speech — Jobs — Banker's Bonus Tax — VAT Cut — Tax Incentive to Take on Workers — Sooner Infrastructure Investment — 17 May 2012 at 17:59
The majority of MPs voted against creating jobs; a tax on bank bonuses to fund guaranteed jobs for young people out of work for a year; a VAT cut; a tax break for small firms taking on more workers and making infrastructure investment sooner.
MPs were debating a motion:
- That an humble Address be presented to Her Majesty, as follows:
- Most Gracious Sovereign,
- We, Your Majesty’s most dutiful and loyal subjects, the Commons of the United Kingdom of Great Britain and Northern Ireland in Parliament assembled, beg leave to offer our humble thanks to Your Majesty for the Gracious Speech which Your Majesty has addressed to both Houses of Parliament.
The rejected amendment which was the subject of this vote would have added:
- regrets that whilst the UK economy is in recession, long-term unemployment is at its highest level since 1996 and one million young people are out of work the Gracious Speech contains no measures to address this crisis;
- notes that Britain will pay a long-term price for a prolonged period of slow growth and high unemployment;
- further notes that France, Germany and the Eurozone as a whole are not in recession while in the USA, where the Government has to date taken a more balanced approach to support economic recovery, the economy is now one per cent bigger than before the global financial crisis, while the UK economy is now 4.3 per cent smaller;
- recognises the criticism expressed by business leaders that your Government has not come forward with an adequate plan to boost economic growth;
- believes that cutting spending and raising taxes too far and too fast is self-defeating as slow growth and higher unemployment means that your Government is now set to borrow £150 billion more than planned; and
- calls on your Government to introduce a fair and balanced deficit plan, with measures to stimulate economic growth and job creation which are essential to get the deficit down, including a tax on bank bonuses to fund a guaranteed job for every young person out of work for more than a year, a temporary cut in VAT, a national insurance holiday for small firms taking on extra workers, and bringing forward infrastructure investment to strengthen the economy for the long-term.’.
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||268 (+1 tell)||0||0||87.9%|
|LDem||43 (+1 tell)||0||0||77.2%|
|PC||0||2 (+1 tell)||0||100.0%|
|SNP||0||4 (+1 tell)||0||83.3%|