On 27 June 2022, the second reading and all remaining stages of the Social Security (Additional Payments) Bill are scheduled to take place in the House of Lords. The bill gives effect to the cost of living support measures for benefits claimants announced as part of Chancellor Rishi Sunak’s statement to the House of Commons on 26 May 2022.
Social Security (Additional Payments) Bill (265KB PDF)
The bill gives effect to the cost of living support measures for benefits claimants announced as part of Chancellor Rishi Sunak’s statement to the House of Commons on 26 May 2022. The bill is expected to be certified as a money bill. The House of Lords can amend money bills, but the House of Commons is not obliged to consider any Lords amendments. The government fast-tracked the bill through all its House of Commons stages on 22 June 2022.
In the chancellor’s statement on 26 May 2022, the following support was announced for benefits recipients:
The measures were broadly welcomed by external commentators, such as the Institute for Fiscal Studies and the Resolution Foundation.
There was cross-party support for the bill during its House of Commons stages and it passed without amendment. However, opposition parties criticised the government for not providing targeted support to the poorest households sooner and for failing to uprate benefits in line with inflation from April 2022.
Social Security (Additional Payments) Bill (265KB PDF)
The Sovereign Grant Bill is a government bill which would amend how the sovereign grant is set. This is a grant paid to the King to support the work of the sovereign. The bill would enable the size of the sovereign grant to be reduced following the completion of a 10-year works project on Buckingham Palace. The bill received cross-party support and was not amended in the House of Commons.
The Commercial Payments Bill [HL] seeks to tackle late payments to small businesses. It would impose minimum payment periods for invoices, prohibit the use of retentions in construction contracts and provide the small business commissioner with greater powers. The bill received an unopposed second reading in the House of Lords on 9 June 2026. 30 government amendments were made to the bill at committee stage.
![Commercial Payments Bill [HL]: Progress in the Lords](https://lordslibrary-parliament.studio24.dev/content/uploads/sites/2/2020/01/Business-VIGs-568x426.jpg)
The Financial Services and Markets Bill [HL] is a wide-ranging bill that aims to reform the way the UK financial services sector is regulated. This briefing provides a summary of the bill’s second reading and committee stage in the House of Lords ahead of its further consideration at report.
![Financial Services and Markets Bill [HL]: Progress in the Lords](https://lordslibrary-parliament.studio24.dev/content/uploads/sites/2/2020/09/Economy-568x426.png)