The Commons day began at 11.30 GMT with Cabinet Office questions.
At noon, the weekly prime minister's questions session took place.
Following PMQs, Gareth Thomas introduced a ten minute rule bill on NHS and care sector workers getting access to a credit union.
MPs concluded the report stage scrutiny of the Small Business, Enterprise and Employment Bill and gave the bill its third reading, sending it to the Lords.
MPs held an opposition half-day debate on EU justice and home affairs measures, table by Labour to give MPs a chance to discuss the European Arrest Warrant.
The adjournment debate was on human rights in Burma, led by Conservative MP David Burrowes.
Peers' day started at 15.00 GMT with the daily half-hour question session.
Peers then debated and passed the Infrastructure Bill at third reading, meaning it will now pass to the House of Commons.
The main business of the day was report-stage examination of the Consumer Rights Bill.
By Pippa Simm and Sam Francis
All times stated are UK
Goodbye for now
Lady Oppenheim-Barnes agrees to withdraw her amendment, bringing today's business in the House of Lords to a close.
Peers will return at 11.00 GMT tomorrow for their daily half-hour question session, while MPs meet a little earlier at 09.30 GMT.
We hope to see you then.
'Not the right way forward'
The amendment has the backing of the Labour front bench in the House of Lords - but not the government.
Business Minister Baroness Neville-Rolfe agrees that consumers should be educated about their rights and responsibilities.
However she is concerned that the mandatory approach offered by the amendment is not the right way forward, and warns that it would risk "overloading" consumers with information which they would then ignore.
The flexible, voluntary approach is a better solution, she argues.
We're on to the final amendment in tonight's debate, which is being proposed by Conservative peer Baroness Oppenheim-Barnes.
It would require the rights and responsibilities of consumers to be displayed at the point of sale, with Lady Oppenheim-Barnes citing statistics suggesting that 75% of all consumers are not aware of them.
What will the Consumer Rights Bill do?
The Consumer Rights Bill seeks to make consumers better informed and protected when they buy goods, services or digital content by formalising in law the standards a consumer can expect when making a purchase.
It will aim to clarify what action should be taken when those standards are not met and detail what information a seller must provide before a purchase is made.
Arguing against the amendment for the government, Baroness Jolly says the financial services sector is already subject to a "comprehensive" regulatory regime. She cannot see what the amendment would add to it.
She agrees that consumers "deserve a better deal" from banks, but argues that Labour's amendment "will not deliver it".
Baroness Hayter responds by maintaining the need for a change in the law, insisting that a culture change is needed in the banks.
She agrees to withdraw her amendment tonight but indicates that Labour will return to the issue at a later stage.
All of the government's amendments are approved by peers without the need for a vote.
Over to Baroness Hayter of Kentish Town now, who is proposing an amendment on behalf of Labour which would ensure that financial services have a duty of care to their consumers.
She argues that the amendment is needed because banks do not always act in consumers' interest or treat customers fairly, and cites cases of recent fines for banks' behaviour to support her argument.
The next two groupings of amendments to be considered by peers also concern digital content.
They have been tabled by the government, who is being represented by Liberal Democrat Baroness Jolly.
Earlier this evening the government was defeated over its Consumer Rights Bill as peers backed cross-party calls for stricter laws to tackle online ticket fraud.
Analysis of the vote by the Press Association shows there were 10 Tory rebels, including Lord Deben, Lord Grade, Lord Holmes and former Cabinet minister Lord Forsyth of Drumlean - as well as Lady Heyhoe Flint and Lord Moynihan, the movers of the amendment.
Eight Liberal Democrat peers also rebelled against the government, including Lord Clement-Jones.
The amendment also received the support of 129 Labour peers, 28 crossbenchers, two bishops and six others.
Digital content amendments
Lib Dem Lord Clement-Jones is explaining a series of amendments in his name which concern digital content.
The Consumer Rights Bill updates the law to introduce new protection for consumers who buy digital content, such as e-books, digital music, games and software.
The amendment being discussed in the House of Lords concerns product safety and recall, and has been put forward by the Labour opposition.
Business Minister Baroness Neville-Rolfe announces that the government will set up an independent review of the product recall system, which is expected to report back within 12 months, and asks Labour to withdraw its amendment.
Baroness Hayter of Kentish Town, welcoming the announcement, agrees to do so.
Commons finishes for the day
Hugo Swire brings his comments to a close, concluding today's business in the House of Commons.
MPs will return tomorrow at 09.30 GMT with question to Business, Innovation and Skills Secretary Vince Cable and his ministerial team.
Do stay with us as the House of Lords continue its vital work providing report stage scrutiny of the Consumer Rights Bill.
Foreign Office Minister Hugo Swire responds to the debate for the government.
He says the government "unapologetically supports Burma's transition" but human rights "remain firmly at the heart" of the UK's engagement with the country.
Being a "true friend to Burma means being an honest and sometime critical friend", Mr Swire adds.
'Free and fair'
David Burrowes calls on the government to be on the side of the people in Burma and ensure that Burma is "free and fair".
Conservative MP David Burrowes says that despite progress the reform process in Burma has stalled and "in some respects reversed", noting that the Burmese army has been accused of war crimes and crimes against humanity in a four-year study conducted by Harvard University.
MPs now move on to the last of the day's business in the House of Commons: the adjournment debate, which is being led by Conservative MP David Burrowes on human rights in Burma.
Labour motion approved
MPs agree to the Labour motion, which "endorses the government's formal application to rejoin 35 European Union Justice and Home Affairs measures, including the European Arrest Warrant", by 421 votes to 29, a government majority of 392.
Opposition day motions such as this are not binding on the government and so will not affect legislation.
Labour tabled the debate because it felt that MPs were not given a fair chance to vote on the controversial European Arrest Warrant.
Opposition day debates tend to be on subjects on which the opposition feels the government may be vulnerable.
The government is narrowly defeated in the House of Lords over Lord Moynihan's amendment on ticket touting.
Peers voted by 183 to 171 in favour of the proposal to require secondary ticketing websites to provide information concerning the sellers of tickets, so that they may be easily identified.
Lord Moynihan had argued that the change in the law would improve transparency and reduce ticketing fraud.
The government opposed the amendment but announced new steps to better enforce existing laws in a bid to address peers' concerns.
However, it was clearly not enough as the government was defeated by a majority of 12.
Division in the Lords
Lord Moynihan, dissatisfied with the government's position, says he has "no alternative" but to test the opinion of the House in a vote.
Peers rise from their seats and make their way to the voting lobbies to register their vote formally.
We should have the result at about 19.05 GMT.
Shadow home affairs minister David Hanson responds to the debate for Labour.
He says that the debate has served an important purpose in allowing MPs to have their say on the European Arrest Warrant, after the "shambles" last week.
Mr Hanson says the motion allows the House to "send a strong message" that it supports the European Arrest Warrant before 1 December 2014, when the UK must notify that it intends to opt back in to the package of measures.
The warrant is about "co-operating with partners in Europe to ensure people who've committed serious crimes do not get away with it", he adds.
'Safe place' needed
Baroness Neville-Rolfe insists that the best way to protect fans from fraud is by ensuring they have a "safe place" to buy and sell tickets, warning that it would be "Christmas" for ticket touts if government regulations were to push the market underground.
Opposing the amendment, she says it would be a "much bigger burden" on traders and consumers than the status quo and, by requiring the seller to be named, could open the door to identity theft.
Unconvinced that legislation is the answer, the business minister announces instead a package of measures for better enforcement.
Conservative MP Jacob Rees-Mogg says that the warrant is not necessary for extradition.
Safeguards put into the arrest warrant are unsecure, he says, as they can be overturned by the European Court of Justice.
This risks some of the things "we hold most dear in this country" including habeas corpus - a writ issued by those who believe they are being unlawfully detained so that they can be brought before a court of law so that the legality of the detention may be examined.
It is up to Business Minister Baroness Neville-Rolfe to respond to the debate and set out the government's position on the amendment.
UKIP MP Douglas Carswell says he will not back the measure, telling MPs his party is the only party to 100% endorse not rejoining the European Arrest Warrant.
While he agrees that the UK needs extradition and cross border co-operation, the EAW is a bad way of doing this, he says.
The warrant is based on a "fallacy" that different justice systems in the European Union are the same, and do not require an enquiry into the facts the warrants are based on, Mr Carswell agues.
He claims the new proportionality tests that the government secured in a reformed version of the warrant are not enough to ensure fairness, and that testing of evidence is needed to secure proper extradition.
Supporting a rejoining of the warrant undermines the government's credibility over claims to be against a federal Europe, he adds.
'Very serious problem'
Conservative peer and former BBC chairman Lord Grade of Yarmouth acknowledges there is a "very serious problem" of online ticket fraud, and that the law in this area is "deficient".
He hopes that the government will bring forward its own solution, if it opposes the amendment today.
Lord Stoneham's comments are endorsed by Conservative peer and former coalition business minister Viscount Younger of Leckie.
He suggests that a voluntary approach with improved guidance and "better point-of-sale electronic means to control ticketing", is the way forward.
Meanwhile, fellow Tory Lord Borwick believes the amendments are designed to allow sports grounds to cancel tickets not sold by them.
The first argument against the proposal comes from Lord Stoneham of Droxford, who says it is "misguided" to think you can end fraud by increasing regulation.
Defending the secondary ticketing market, the Lib Dem peer asserts that it provides a "useful service" for consumers.
We should be supporting recognised and established secondary ticket platforms who "can help us to undermine the bad sellers, the touts if you like", he argues.
Labour MP Mike Gapes says that of the 4,000 criminals arrested in the UK under the European Arrest Warrant, 95% are foreign nationals.
"This is a mechanism to get bad people out of our country, put on trial and convicted," he says.
Closer relationships with the European Union and immigration from European countries greatly benefits the UK, he says.
A mobile phone can be heard ringing in the chamber (House rules dictate that they must be on silent).
On hearing the noise, Conservative peer Lord Deben - the current speaker - confirms "No, it is not me."
He too gives his backing to the amendment.
'Bowing the knee'
Chair of the European Scrutiny Committee Bill Cash says he will be voting against today's motion and complains that the procedure around European measures deprives Parliament of properly scrutinising proposals.
Mr Cash says he cannot support the warrant as he puts the issue of miscarriages of justice ahead of the other problems the arrest warrant deals with.
Voting for the European Arrest Warrant will mean the UK is "bowing the knee to European dogma", he adds.
Lord Clement-Jones provides another voice in support of the amendment.
Speaking from the Lib Dem benches, the peer says it would not inhibit legitimate exchanges of tickets on secondary ticketing websites, but target those who "use the lack of transparency to lead or defraud consumers".
Existing regulations 'ineffectual'
Fellow Conservative peer Baroness Heyhoe Flint argues that existing regulations are ineffectual in preventing and tackling ticket fraud.
Lady Heyhoe Flint - a former test cricketer - is a co-signatory of the amendment, which she insists places very little burden on the seller and empowers consumers with greater information about the tickets they are seeking to buy.
Support for ticket move
Vote 'a surreal comedy'
SNP MP Peter Wishart says that many of his constituents thought the vote last week was "a surreal comedy" like Monty Python.
Mr Wishart blames the Conservative party's "obsession" with European exit for taking the UK to the very point of withdrawing from a process that "ensures the effective transfer of criminals to face justice".
Support from across the House
Lord Moynihan agrees on the need for a secondary ticketing market - but insists it must be regulated and transparent.
His amendment would require secondary ticketing operators to provide on the website on which tickets are offered for sale or transfer, information concerning the sellers of tickets so that they may easily be identified.
This would give consumers the information they need to check the validity of the ticket, he argues, and this "substantially reduce" fraudulent activity.
The amendment has the support of former cricket star and Tory peer Baroness Heyhoe Flint, Liberal Democrat Lord Clement-Jones and opposition front bencher Lord Stevenson of Balmacara.
Ticket touting problems
Lord Moynihan, former Conservative sports minister and ex-chairman of the British Olympic Association, is moving the amendment.
Setting out the scale of the problem, he tells peers that online ticket fraud costs about £1.5bn, affecting an estimated 2.3 million people in the UK each year.
Conservative MP Dominic Raab, a vocal critic of the European Arrest Warrant, highlights the case of his own constituent: retired judge Colin Dines, who had a warrant issued against him by Italian magistrates investigating a £344m money laundering operation, allegedly masterminded by the Mafia, in 2010.
Mr Dines has "languished under the threat" of prison for the last four and half years, despite the fact he has never been offered an opportunity to prove his own innocence and despite the key Italian suspects all being acquitted a long time ago.
The warrant has cost the Dines family "an enormous sum of money" and contributed to a stroke suffered by Mr Dines only days before he was due to be surrendered to Italian courts.
The case, Mr Raab says, brings "shame on British justice" and the "scatter gun approach" of EAWs devastates the lives of too many innocent people.
Tackling ticket touting
Remember that cross-party amendment on ticket touting we mentioned earlier? It's being debated in the Lords now.
It aims to strengthen regulations on ticket touting to provide better protection to consumers.
Particular problems that the cross-party group of peers want to tackle include:
tickets being advertised and sold online before they've been released
tickets being sold well above their face value
fans buying non-transferrable tickets which do not guarantee them entry to the ground.
Co-operation in the Upper House
There's a very conciliatory mood in the Lords chamber during this Consumer Rights Bill debate.
Labour says it will not push the current grouping of amendments to a vote as the government's concessions - also in the grouping - cover everything the opposition requested at committee stage.
What is the European Arrest Warrant?
The European Arrest Warrant (EAW) operates EU-wide and replaced separate extradition arrangements between the EU member states.
A national judicial authority, such as a court, can issue an EAW to get a suspect extradited from countries that have signed up to the warrant.
For an EAW to be valid, the suspect must be accused of an offence incurring a maximum penalty of at least a year in prison, or must have been already sentenced to at least four months in prison.
The EAW was introduced in January 2004, and was prompted by the international anti-terror drive after the 11 September 2001 attacks on the US.
The EAW means faster and simpler surrender procedures for suspects. EU states can not refuse to extradite one of their citizens on grounds of nationality; and extradition no longer requires a political decision for a suspect to be handed over.
The EAW also encompasses mutual recognition of criminal justice systems in the EU.
However, ministers plan to rejoin 35 of the measures, including the European Arrest Warrant, before that deadline.
Supporters, including the government and law enforcement agencies, say the warrant is a vital tool to protect the UK and bring criminals to justice across EU borders.
However, critics - including some Conservative MPs - say the European Arrest Warrant is overused and a threat to the liberties of Britons and the sovereignty of the UK.
Similarly, the next group of government amendments - which clarify that a trader bears the responsibility for the cost of returned goods - are approved by the House of Lords.
They had been introduced in response to concerns raised by Labour.
"I am so pleased," comments the party's spokesman, Lord Stevenson of Balmacara.
Abstaining as protest
Chair of the Home Affairs Committee Keith Vaz tells MPs he will not be voting this evening as a protest over the lack of time MPs have been given to discuss the European Arrest Warrant.
Mr Vaz says he is a fan of the home secretary but calls the vote last week "totally shambolic" and says he is happy to finally have a chance to scrutinise European Arrest Warrant in the House of Commons, 12 days before the UK is required to opt back in to the measures - on 1 December.
Government win in the Lords
The government wins the vote comfortably, defeating Labour's amendment by 244 votes to 176 - majority 68.
Over to Lib Dem Baroness Jolly, a whip, to explain the purpose of the next grouping of amendments, which have all been tabled by the government.
They are supported by the opposition, and are adopted in the bill.
'Leadership over Europe'
Theresa May concludes her remarks saying that the government has shown leadership over Europe and reformed many aspects of the UK's relationship with the European Union.
She says Labour can "never provide the leadership this country needs on Europe".
House of Lords voting procedure
Divisions - as they are called in Parliament - typically tend to take about 15 minutes.
Members must file out of the chamber to register their formal vote in the voting lobbies situated at either end of the chamber.
'Contents' - those in favour of the motion - vote by the throne and the 'Not-contents' by the bar of the House.
Following a division the so-called tellers approach the clerk's table and the result is read out by the winning side.
The result is then read again in confirmation by the Lord Speaker or chairman of the debate before business resumes.
Replying to an intervention from chair of the Home Affairs Committee Keith Vaz, Theresa May says the government have yet to notify the European Union that the UK is opting back in to the package of measures, partly because the timetable hasn't required them to notify anyone yet.
Amendment pressed to a vote
Labour has tabled an amendment seeking to give greater protection to consumers using logbook loans.
However, the government's business spokesman, Baroness Neville-Rolfe, counsels that the Consumer Rights Bill is not the right vehicle for such a change.
She tells peers the Financial Conduct Authority has the necessary tools to take action and provide redress to consumers, and cites further steps being taken by the government.
Opposition spokesman Lord Stevenson of Balmacara welcomes that "the field is moving" on the matter, but maintains that further action is necessary - and presses his amendment to a vote.
Changes to the warrant
Theresa May says MPs are debating a different arrest warrant to the one "bequeathed to" the government by the previous Labour administration. She says the government has made reforms to the warrant that Labour failed to manage.
Labour's commitment to the European Arrest Warrant would carry more weight if they had taken "action to address the concerns that many people have" which had eroded trust in the measures during their time in government, she says.
Attention now turns to the Consumer Rights Bill, which aims to simplify and improve consumer laws to make consumers more confident and cut costs for business.
The package of legislative measures is being examined at report stage in the House of Lords.
This is the point at which a bill, which has been amended in committee, is reviewed.
Further amendments, and changes to amendments made in committee, may also be made at this time.
Infrastructure Bill passed
The government's amendment is approved, and the bill is given a third reading by the House of Lords.
This means it has cleared the upper chamber, and will be sent to the Commons for further scrutiny.
Procedure, not policy?
During an intervention Conservative MP Chris Heaton-Harris accuses shadow home secretary Yvette Cooper of failing to mention the substance of the European Arrest Warrant and instead focussed on procedures.
He says he'd like to here her view on the seceding of powers to Europe.
Home Secretary Theresa May accuses Labour of "curtailing" the debate last week - referring to Labour's failed attempt to use a rare Parliamentary procedure to postpone the decision on the EU Justice Measures - and trying to score political points on the measures even though all parties are in agreement on the issues.
Mrs May tells MPs the House of Commons has had six opportunities to debate these measures, which have had several parliamentary inquiries, and restates that last week's vote was considered to be a verdict on the whole package of 35.
Support, after all...
Demonstrating how difficult it can be to understand the complex language of amendments, Lib Dem peer Lord Teverson thanks Baroness Verma for explaining the purpose of her amendment, revealing that he "wasn't at all clear what it was trying to get at" when he went through it.
It has his support.
Concluding her remarks, Yvette Cooper says Labour supports the EAW as the UK "needs co-operation across borders" to protect its citizens from serious crimes such as child pornography and people trafficking.
She admits that these are "unusual circumstances" but says Labour felt it was right to make sure the House could demonstrate support for these "crucial measures".
Government amendments pertaining to public forest estates are approved, and the Labour proposal is withdrawn.
There's just one amendment left to consider in this third reading debate on the Infrastructure Bill, which is introduced by Energy Minister Baroness Verma.
'Collaborative' attitude praised
Responding for the government, Baroness Kramer assures peers that "we are all on the same place on this one", and insists the amendment is unnecessary as its provisions are already covered by the government's "widely drawn" amendments.
Acknowledging that this may be the last chance to speak on the bill before it passes to the Commons, she thanks peers for their "collaborative" attitude to improving the bill.
Quick vote called for
Conservative MP Tony Baldry intervenes in Yvette Cooper's speech to tell her that some MPs "have lost the will to live" during the protracted debates on the EAW, and asks for a quick vote, rather than extended speeches on the subject, to solve the matter.
Ms Cooper says Mr Baldry is right, but lays the blame on Theresa May for "depriving him of his will to live".
Debate on Infrastructure Bill
Conservative Lord Jenkin of Roding, a former environment secretary in Margaret Thatcher's government, is not clear of the need for Labour's amendment.
He believes that the forest waste land of which Baroness Royall speaks will be covered by the amendment.
Commons support 'beyond doubt'
Ms Cooper says today's vote will allow the Commons to "put beyond doubt" the support for a raft of EU measures, including the European Arrest Warrant.
She tells MPs Labour is "happy to do the [home secretary's] job for her".
Labour and government together
Yvette Cooper says she has received a letter from the Home Secretary Theresa May saying the government will vote with Labour tonight.
Ms Cooper welcomes the support but pointedly tells MPs "it would have been so much easier if she had just been straight forward with us in the first place".
Labour has tabled some of its own amendments to shore up the government's provisions.
While thanking the government for the concessions, shadow Lords leader Baroness Royall of Blaisdon is concerned that "forest waste" is not included in the protections.
Forest waste is usually land "within or on the margins of the forest not planted or used for forestry purposes", and has "great value" in terms of biodiversity, ecology amenity and recreation, Lady Royall explains.
PoliticsHome tweets: In Commons, Yvette Cooper accuses Theresa May of "ducking and diving" on EAW vote
Motion 'includes EAW'
Opening the debate, shadow home secretary Yvette Cooper says the text of the motion before the house means that MPs can now support 35 measures, not just 11, and includes "the three words we were promised: the European Arrest Warrant".
In the previous debate the Home Office had put the 11 EU justice measures it said were needed to be voted on and "transposed" into UK law. However, Home Secretary Theresa May told MPs the Commons' verdict on these measures would be treated as a vote on the whole package of 35.
The text of the measure reads: "That this House endorses the Government's formal application to rejoin 35 European Union Justice and Home Affairs measures, including the European Arrest Warrant."
After an ill-tempered debate, MPs pass the Small Business, Enterprise and Employment Bill in the House of Commons. The bill will now travel to the House of Lords for consideration.
Deputy speaker restores order
Deputy Speaker Eleanor Laing is forced to intervene as personal insults are traded between the front benches.
Business Minister Matthew Hancock is heard calling his opposite number Toby Perkins "an embarrassment" after Mr Perkins complains that MPs have been given a "pathetically short" amount of time to debate the Small Business, Enterprise and Employment Bill.
Referring to yesterday's government defeat Mr Perkins tells Mr Hancock that "the apology he made last night should not have been to the prime minister, it should have been to the publicans".
Ms Laing tells them to restrict their comments to "third reading matters".
Infrastructure Bill underway
The question session is over and several approval and appointment motions are swiftly dealt with.
Peers who are not taking part in the next item of business file out of the chamber, and third reading of the Infrastructure Bill gets underway.
Lib Dem Transport Minister Baroness Kramer takes to her feet to move a series of government amendments, brought forward in response to concerns raised by peers during previous stages of the bill.
Red tape challenge throws up a row
On to the fourth and final question of this afternoon session, which concerns government plans to repeal the restriction on the sale of liqueur chocolates to children. And it has prompted a bit of a row.
Baroness Williams of Trafford says the decision to remove the restrictions is part of the government's "red tape challenge" to remove unnecessary burdens from business - and that the proposal was subject to consultation.
However, Labour peer Lord Brooke of Alverthorpe contests that it was not a part of the consultation and wants to know what is going on.
Baroness Williams replies that it is her understanding the consultation was open to both business and the public - and that health bodies did not raise any concerns on this issue.
Opposition spokesman Baroness Smith of Basildon asks the government which EU states back David Cameron's proposals to "restrict free movement within Europe".
Home Office spokesman Lord Bates clarifies that the government is looking to restrict the "free movement of benefits", not labour, and notes that Germany and some of the Nordic countries share these concerns.
EU freedom of movement
Labour peer Lord Lea of Crondall has the third question on the order paper, which regards the freedom of movement for workers in the EU.
Freedom of movement is a core principal of the EU, along with freedom of goods, capital and services.
The UK and some other countries are concerned about existing freedom of movement rules within the EU.
David Cameron plans to propose limits to EU migration before Christmas, despite German Chancellor Angela Merkel warning against any changes.
The European Commission has said freedom of movement is the right most closely associated with EU citizenship.
EU reform question
On to the next question now, on EU reform, which comes from Liberal Democrat peer Lord Maclennan of Rogart.
Government chief whip Baroness Anelay of St John says the UK will continue to work with its European partners to achieve the reforms it wants to see.
Lord Maclennan suggests ministers would be more likely to succeed if the government initiated a "new convention" on the future of Europe, to achieve "consensus", rather than "threatening" other member states with "possible break up".
Laughter on the red benches
The question session has got off to a lively start.
Lord Wood accuses the government of presiding over a recovery where wages "continue to deteriorate", and claims the public finances are worsening; he says David Cameron's promises of "unfunded" tax cuts lie somewhere between "heroic and reckless".
Treasury Minister Lord Newby counters that growth in the UK is the highest among the G7, unemployment is falling and the gender pay gap is "at an all time low".
In response to a later question, Lord Newby confirms that the government has "no plans" to raise VAT.
Meanwhile, Conservative former Chancellor Lord Lawson of Blaby criticises Lord Wood's remarks as "cheeky", given that Labour's policy is to "increase the deficit even more".
Lord Newby - a Lib Dem minister - quips that it is not always the case that he agrees with Lord Lawson, "however, in this case I do". Cue laughter from peers.
The first question - on the level of income tax receipts so far this financial year - comes from Lord Wood of Anfield, a Labour peer.
Lib Dem Treasury Minister Lord Newby responds.
The UK's budgetary watchdog, the Office of Budget Responsibility, has warned that income tax is likely to fall short of the government's target for this financial year.
It said many new jobs were low paid or created through low paid self-employment.
Third reading is the final review of the contents of a bill and debate is limited to the contents of the bill.
Debates at third reading on uncontroversial bills tend to be quiet valedictory affairs where ministers and MPs involved in the bill to look back at the bill's progress through the House.
Given the government defeat - and with tempers running high over zero hour contracts and the minimum wage - expect several parting shots from both sides of the House as the bill completes its passage in the House of Commons.
MPs now begin the third reading of the Small Business, Enterprise and Employment Bill; its final stage in the House of Commons before passing to the House of Lords.
The main bulk of today's business will be dedicated to scrutiny of a second government bill - the Consumer Rights Bill - which is designed to simplify and improve consumer laws.
Watch out for a cross-party amendment on ticket touting, which seeks to strengthen existing regulations to protect consumers.
MPs reject Labour's amendment to establish a yearly report on the impact of the minimum wage - aimed at gauging its impact on pay in the jobs market and allowing better enforcement - by 301 votes to 233, a government majority of 68.
Not to be put off, Labour instantly push a second amendment to a division on poorly treated workers on zero hours contracts to be awarded financial compensation.
That'll be followed by further examination of the Infrastructure Bill, which is at its third reading stage. There are only a few groupings of (largely government) amendments to consider.
If the bill clears this step - which it looks set to do - it will be passed to the House of Commons for MPs to consider the legislative proposals.
Peers ready to begin
It's a 15.00 GMT start across the corridor in the House of Lords today, beginning with a half-hour question session.
A variety of topics will be raised with government ministers, including income tax receipts, European Union reform, EU freedom of movement and restrictions on the sale of liqueurs to children.
Labour Whips tweet: MPs are now voting on a @UKLabour @LabourBIS amendment that would seek better enforcement of the National Minimum Wage - Result at 2.45
Help for poorly-treated workers
Within the group of amendments being debated is a second Labour amendment to allow employment tribunals to award financial compensation to poorly treated workers on zero hours contracts.
Labour has argued that workers with irregular shifts and pay should be given more employment rights including the right to a fixed-hours contract after 12 months with an employer.
Under Labour's plans, workers on zero hours contracts would not be obliged to be available outside contracted hours and be free to work for other employers.
Labour has also said they would give workers the right to compensation if shifts are cancelled at short notice while employers must give workers "clarity" about their employment status, terms and conditions.
Workers will also be able to request a contract with a "minimum amount of work" after six months with an employer, Labour says, though this can be refused if employers prove their business could not operate any other way.
Zero hour contracts criticised
Labour MP Sheila Gilmore attacks the government's "narrow" plans to tackle zero hour contracts.
The Small Business, Enterprise and Employment Bill will ban the use of exclusivity clauses in contracts which do not guarantee any hours. But Ms Gilmore says that this is only "one part of a much larger problem".
The premise that people choose to use such contracts to allow them to plan their lives is false, she tells MPs, and "far from giving them the opportunity to juggle many responsibilities zero hour contracts may be the one thing that makes it very, very difficult to juggle jobs and sustain responsibilities."
The Conservatives say they have already delivered an above-inflation increase as, from October, the minimum wage will rise from £6.31 to £6.50.
Chancellor George Osborne suggested, in an interview with BBC Political Editor Nick Robinson in January, that the minimum wage would rise to £7 an hour in 2015 to return to the level it was at before the economic downturn.
Government sources have suggested that the rate would probably rise to £8 by the end of the next Parliament if it continued on current trends.
Minimum wage rise promise
Labour has pledged to raise the minimum wage to £8 an hour over the course of the next Parliament if they win the next general election.
Leader Ed Miliband said it was "not good enough" that one in five people in the UK were on low pay.
The party says the £1.50 per hour increase would be worth £60 a week, or £3,000 a year, for the lowest paid.
The TUC has called for the minimum wage to increase to £10 an hour.
The minimum wage for adult workers was £5.80 at the time of the last election.
Labour opens debate
MPs are now debating a Labour-tabled amendment on the minimum wage.
Labour is calling for a yearly report from the Business Secretary on the impact of the minimum wage on pay the wider job market - along with the enforcement of the wage - over concerns the minimum wage is acting as a cap to pay, creating "a maximum wage" for sections of society.
Scrutiny of Small Business Bill
Gareth Thomas's bill is passed without a vote.
MPs now turn to the final day of report stage scrutiny of the Small Business, Enterprise and Employment Bill.
NHS and care workers loans
MPs now turn to a ten minute rule bill tabled by Labour MP Gareth Thomas, aimed at creating a credit union for NHS and care service workers.
Mr Thomas says NHS staff are being forced into debt by low wages. Creating a Credit Union will provide workers with cheap loans and prevent them from going to pay day lenders, Mr Thomas argues.
Chief Political Correspondent for the Financial Times Jim Pickard tweets: No senior Lib Dems in chamber for PMQs: a new phase in the coalition disaggregation strategy?
Labour MP for Rotherham Sarah Champion says recent Ofsted reports show that local authorities are not equipped to deal with child sexual exploitation and asks what the government is doing to help vulnerable children.
David Cameron says the most important lesson from the report is the need to get all services working together to protect children, which is not happening in enough cities.
The Spectator's Isabel Hardman tweets: Caroline Lucas showing what an asset she is to Greens in terms of performance. If they are in TV debates, they'll suffer for not having her
PoliticsHome.com editor Paul Waugh tweets: Caroline Lucas yells 'pathetic!' as Cameron says he's never met a Green party politician who wants to build houses anywhere
Green MP Caroline Lucas says house prices rose 13% in Brighton in the last quarter alone, while nurse wages are having 1% pay rises blocked by the government. She asks how hospitals like the Royal Sussex are supposed to recruit nurses if they cannot afford to live in the area?
David Cameron says he has never come across a Green politician who is in favour of building houses anywhere.
Labour MP David Winnick says David Cameron should be ashamed of the bedroom tax.
David Cameron responds saying Labour has to explain why they think it is right that people in private housing don't get the spare room subsidy, but people in social housing do, and explain why it has opposed welfare cuts that has helped maintain spending on health and schools.
NI corporation tax
DUP MP Nigel Dodds asks Mr Cameron to give Northern Ireland control over corporation tax, and to do more to cut the price of off-grid heating oil, to help the Northern Ireland economy.
The prime minister says he will look at both issues, pointing out that the government has made commitments on corporation tax before, but says the government has to be sure the Northern Ireland budget is working.
Conservative MP Pauline Latham tweets: @stephen_mosley is right! Small businesses make a huge contribution to the economy. I'm excited about #SmallBusinessSaturday! #PMQs
Fund to help victims
Conservative MP John Baron asks David Cameron to make a payment of £25m into a charitable fund to help the service victims of nuclear testing and their families.
Mr Cameron says Mr Baron has been very dogged in pursuing this this. He will consider the case for a £25m fund in the light of a court case today.
Mr Cameron says he is determined to deal with this issue but asks Mr Baron to allow him time to sort it out.
Political correspondent, BBC News
Must be the first time Myleene Klass and the Loch Ness Monster have featured at #pmqs
Liberal Democrat president Tim Farron says people buying second homes can lead to local services being underused and closing.
He asks David Cameron to back plans for increased council tax on second homes to fund vital rural services.
Mr Cameron says councils are allowed to charge more for second homes. He says more homes need to be built to support local services, which is happening under this government.
Leaders' exchanges end
The Labour leader finishes his series of questions, by saying the NHS is going backwards.
He says people know why Mr Cameron thinks the bedroom tax is great and the mansion tax is terrible, because David Cameron only defends big money.
David Cameron responds by saying that Mr Miliband's week has not got better after pop star Myleene Klass "wiped the floor with him". Mr Cameron claims a poll showed Mr Miliband in Scotland was less popular than the Loch Ness Monster. The only problem is the Loch Ness Monster exists, he says.
Cancer patients let down?
Ed Milband says Mr Cameron has no answer on the NHS. Cancer Research UK says thousands of cancer patients are being let down, Mr Miliband adds.
The Labour leader asks if Mr Cameron will explain why nearly 4,000 people wait more than four hours for A&E.
David Cameron says the number of nurses and doctors are up, and millions more patients are being treated, while in Wales A&E targets were last met in March 2008. The difference in England is the Tories are in charge, he says.
Labour MP Jamie Reed tweets: #PMQs @timfarron right about the impending catastrophe facing rural areas as a result of second home ownership.
Nhs doing a better job in Wales on cancer targets than in England - Ed Miliband #pmqs
Ed Miliband says that is what he expects from Mr Cameron who only feels the pain of someone struggling to find a £2m garage. He goes on to ask why the NHS has missed its cancer target again.
The government is meeting nine out of 10 of its cancer standards, David Cameron says. Mr Cameron says Mr Miliband has been called useless, hopeless and a disaster, which is what the frontbench thinks.
Ed Milband says asks if someone in a Hyde Park mansion sold recently for £140m should pay the same rate of property tax as others.
David Cameron says that this government has put up property taxes such as stamp duty, where as Ed Milband has "had a pasting from a pop star".
Prime minister's response
Domestic violence fears
Mr Miliband says victims of domestic violence may lose out due to the spare room subsidy, as they might lose panic rooms.
David Cameron says such cases will be helped by other benefits.
David Cameron responds by reading out a quote from Lucy Powell questioning Ed Miliband's leadership. David Cameron says the spare room subsidy is a matter of fairness.
Labour leader Ed Milband asks why Cameron is so in favour of the bedroom tax - also called "the spare room subsidy" by its supporters - but not the mansion tax.
Responding to a question from Labour MP Brian Donohoe, David Cameron says there is only one way to secure a referendum on leaving the EU- by backing a Conservative government.
Condemnation of killings
David Cameron begins PMQs by condemning the murder of four people in a synagogue in Jerusalem, including one British man.
And we're off...
David Cameron is now at the despatch box kicking off this weeks prime minister's questions.
Coming up: PMQs
Business losing out?
Labour MP Yasmin Qureshi tells MPs that local small and medium sized enterprises are losing out on government contracts because of low take up of the government's flagship contract finder website by Local Authorities.
Francis Maude says a new and "greatly improved" version of the contracts finder website being launched next year.
Labour MP Mike Gapes tweets: Hope to speak in the debate on the European Arrest Warrant this afternoon likely to be about 3.45 onwards I understand.
Cabinet Office questions
Responding to a question from Conservative MP Sheryll Murray, Cabinet Minister Francis Maude kicks off the day's business in the House of Commons telling MPs that the government are making digital services available to people not online to ensure those who do not have the internet are not disadvantaged.
But before all that, the House of Commons begins with question to Cabinet Office ministers, headed by Francis Maude, which starts at 11.30 GMT.
The day will end with an adjournment debate led by Conservative MP David Burrowes on human rights in Burma.
NHS and care workers proposal
Labour MP Gareth Thomas will table a ten minute rule bill to set up a credit union for NHS and care service workers to provide cheap loans, in an effort to help them avoid using pay day loan companies.
The day's main business will be the remaining stages of the Small Business, Enterprise and Employment Bill.
It covers improved access to finance for businesses and individuals, regulatory provisions relating to business, voluntary and community bodies; procurement functions by public authorities; childcare; company filing requirements and much more.
After yesterday's fireworks over the government defeat, Labour has indicated they may be pushing several more amendments to vote this afternoon. One flashpoint may be the government's attempts to re-introduce a measure on allowing face-to-face meetings between creditors during insolvency agreements that was voted out at committee stage.
The day's other main business will be an opposition day debate on the European Arrest Warrant.