As Deputy Prime Minister Nick Clegg formally announced the government's withdrawal of the Lords reform Bill, he said he hoped the process had "inched us forward" towards such a measure in the future.
He told MPs with a smile, "I would like to make a statement on House of Lords reform ... or what's left of it."
– Deputy Prime Minister Nick Clegg
I can confirm that the government has today withdrawn that Bill, about which I am not as happy as members behind me are.
Regrettably the coalition will not be able to deliver Lords reform during this parliament.
My hope is that we will return to this in the next parliament, emboldened by the historic second reading vote.
For now, the immediate decision for the Government is how we fill the gap in the legislative timetable and we will bring forward measures to promote growth."