Principle of Financial Transaction Tax — 18 Jun 2013 at 15:39
The majority of MPs voted against the principle of the Financial Transaction Tax.
MPs were considering a motion noting European Documents on European Monetary Union. The amendment rejected in this vote was:
- amendment (a), leave out
- further notes that the proposals for the Financial Transaction Tax have been challenged by the Government in the European Court of Justice’;
- and insert
- ‘calls on the Government to support the principle of an FTT and to learn lessons from the EU proposal and work with other global financial centres, especially the US, to reach a consensus on a design set at a modest rate without creating negative economic consequences and which minimises international tax arbitrage;’.
Votes by party, red entries are votes against the majority for that party.
What is Tell? '+1 tell' means that in addition one member of that party was a teller for that division lobby.
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||265 (+1 tell)||0||0||87.2%|
|Lab||0||202 (+2 tell)||0||79.1%|
|LDem||44 (+1 tell)||1||0||82.1%|
|Jim Shannon||Strangford||DUP (front bench)||aye|
|Ian Swales||Redcar||LDem (front bench)||aye|