Finance (No. 2) Bill: Reasoned Amendment to Second Reading (Opposition)
118Ayes
340Noes
Defeated · majority 222 · Government won190 did not vote
648 Members · Aye 118 · No 340 · DNV 190 · grey dots in centre are abstentions
Analysis
Commons
Commons
Division 2222, 16 December 2025 The House of Commons voted on a Conservative-led reasoned amendment (a formal motion rejecting a bill before detailed debate begins) to block Labour's Finance (No. 2) Bill at its Second Reading. The amendment argued that the Bill was fundamentally flawed and that Labour's tax and spending plans were harmful. The motion was defeated by 340 votes to 118, allowing the Finance Bill to proceed to further parliamentary scrutiny. The Finance (No. 2) Bill is the legislation that gives legal effect to the government's budget decisions, including tax changes and spending commitments. Defeating this amendment means those measures can continue their passage through Parliament. Had the amendment succeeded, it would have been a major political blow to the government, potentially halting the entire legislative package underpinning the autumn budget. The bill affects taxpayers, businesses, and public services across the United Kingdom. The vote divided almost entirely along party lines. All 300 Labour MPs and all 36 Labour and Co-operative MPs who voted opposed the amendment. Conservative MPs voted unanimously in favour, joined by Reform UK, the Democratic Unionist Party, the Traditional Unionist Voice, and the Ulster Unionist Party. Three independents voted with the opposition and three with the government. Notably, the Liberal Democrats and Plaid Cymru did not register votes in either direction, suggesting abstention rather than active support for either position. The Bill subsequently passed its Third Reading on 11 March 2026 by 292 votes to 161, indicating it completed its Commons passage despite sustained opposition pressure at later stages.
Voting Aye meant
Support blocking the Finance Bill, arguing the Budget's tax changes are harmful — particularly the inheritance tax reforms that critics say threaten family farms and reduce private sector investment
Voting No meant
Support the Finance Bill and Labour's Budget choices, arguing they build strong economic foundations, avoid austerity, and protect public services without cutting capital spending
Each row is one party. The stacked bar gives the within-party split of Aye / No / Absent; the columns on the right give the raw counts. The whip column shows the published party position — “Free vote” means the whip was formally removed for this division.
Party
Whip
Aye / No / Abs
Aye
No
Abs
Labour Party
Whipped No
0
300
61
Conservative and Unionist Party
Whipped Aye
104
0
12
Liberal Democrats
—
0
0
72
Labour and Co-operative Party
Whipped No
0
36
6
Independent
—
3
3
7
Scottish National Party
—
0
0
9
Reform UK
Whipped Aye
7
0
1
Sinn Féin
—
0
0
7
Democratic Unionist Party
Whipped Aye
4
0
1
Green Party of England and Wales
—
0
0
4
Plaid Cymru
—
0
0
4
Social Democratic and Labour Party
—
0
0
2
Alliance Party of Northern Ireland
—
0
0
1
Restore Britain
—
0
0
1
Speaker
—
0
0
1
Traditional Unionist Voice
—
1
0
0
Ulster Unionist Party
—
1
0
0
Your Party
—
0
0
1
Source · Hansard · UK Parliament Votes API · whip status from announced positions; “free vote” indicates the whip was formally removed
Defends the Bill as delivering fair choices on cost of living, NHS, poverty reduction, and growth; argues agricultural and business property relief reforms are proportionate with £1m allowance and 20% rate.Labour · Voted no · Read full speech (4,022 words) →
Opposes the Bill as economically reckless, redistributing wealth at the expense of growth incentives; argues inheritance tax changes will devastate family farms and businesses, break PM's promises, and damage investment.Conservative · Voted aye · Read full speech (3,204 words) →
Criticizes the Bill as short-term Treasury tax grabs with no vision; opposes APR/BPR changes as failing to tackle real loopholes, and condemns business rates rises and hospitality tax increases.Liberal Democrat · Voted no_vote_recorded · Read full speech (2,043 words) →
Argues the farming and business inheritance tax changes are arithmetically impossible for businesses with low profit margins; warns of double taxation and job losses.Conservative · Voted aye · Read full speech (2,341 words) →
Supports the Bill's overall direction but will not support APR/BPR proposals; calls for a U-turn on agricultural inheritance tax despite party pressure.Labour · Voted no · Read full speech (426 words) →
Supports the Bill as pro-growth and pro-enterprise; praises enterprise incentive expansions, venture capital trust reforms, and listing relief as enabling UK companies to scale.Labour · Voted no · Read full speech (974 words) →
Wants the government to succeed but deeply concerned APR removal has killed rural investment confidence; calls APR changes a threat to growth in rural and island communities.Scottish National Party · Voted no_vote_recorded · Read full speech (1,427 words) →
Supports the Bill as providing fair balance between taxes and services; argues investment in infrastructure and skills will drive economic growth for small businesses.Labour · Voted no · Read full speech (812 words) →
Sources
Division dataUK Parliament Votes API
DebateHansard · Commons
Stance analysisAI analysis · Claude 4.x
LicenceOpen Parliament Licence v3.0