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Parliamentary year ends on Thursday | Parliamentary year ends on Thursday |
(about 1 hour later) | |
The parliamentary session will end on Thursday, ahead of the Queen's Speech in two weeks' time, the government has announced. | |
Lords chief whip Baroness Anelay of St Johns said Parliament would be prorogued - the official ceremony marking the end of the session - at the end of business. | |
The Queen's Speech on Wednesday 8 May will mark the start of the new session. | The Queen's Speech on Wednesday 8 May will mark the start of the new session. |
Peers and MPs have ended a stand-off over a "shares for rights" scheme. | Peers and MPs have ended a stand-off over a "shares for rights" scheme. |
The House of Lords had twice thrown out the proposals - by margins of 54 and 69 votes - but following concessions from ministers, peers voted by a majority of 107 in favour. | |
This came after the government offered changes to the Growth and Infrastructure Bill. | |
They would mean employees would have to take independent advice, paid for by the company, and then wait seven days before agreeing to give away some of their employment rights in exchange for at least £2,000 of shares. |