The Finance Bill is a government bill intended to give lasting statutory effect to the tax measures announced in the November 2022 autumn statement. The bill completed its passage through the House of Commons, unamended, on 30 November 2022 and was introduced in the House of Lords on 1 December 2022. A second reading debate is due to take place in the House of Lords on 20 December 2022.
Finance Bill 2022-23 (193KB PDF)
The chancellor of the exchequer, Jeremy Hunt, presented the autumn statement to the House of Commons on 17 November 2022, outlining the government’s plans for public spending and taxation over the coming years. The Finance Bill seeks to enact key tax measures announced in the statement.
The bill was introduced in the House of Commons on 22 November 2022 and passed its remaining stages, unamended, on 30 November. The bill was introduced in the House of Lords on 1 December 2022 and the second reading is due to take place on 20 December 2022.
Due to the ‘financial privilege’ of the House of Commons, the House of Lords is unable to amend finance bills. Following the second reading debate the later stages of the bill will go through formally without debate.
Finance Bill 2022-23 (193KB PDF)
Concerns have been raised about levels of welfare spending in the UK and increasing numbers of young people not in education, employment or training. This briefing sets out statistics, government policy and commentary on welfare and youth employment. This includes the government’s youth guarantee, its ‘Get Britain working’ policies and the interim report by Alan Milburn on young people and work.
Rural areas contribute a significant proportion of England’s economic output. The government has announced several policies intended to support growth in the rural economy, including farming. However, it has faced criticism for the delay in outlining its overall strategy for the agricultural sector. This briefing provides data on the rural economy and summarises government policy and stakeholder reaction
The Financial Services and Markets Bill [HL] is a government bill that would make reforms to several areas of financial regulation, including reforms to the Financial Ombudsman Service, abolishing the Payment Systems Regulator, introducing a ‘provisional licences’ authorisation scheme, and making reforms to the UK’s bank ring-fencing regime. Its second reading in the House of Lords is scheduled to take place on 8 June 2026.
![Financial Services and Markets Bill [HL]: HL Bill 5 of 2026–27](https://lordslibrary-parliament.studio24.dev/content/uploads/sites/2/2026/06/tadas-petrokas-G7nWQwb6AP4-unsplash-568x320.jpg)