Why did the British Parliament vote to hold peace talks with the Americans after their defeat at Yorktown?

The British Parliament voted to hold peace talks with the Americans after their defeat at Yorktown because the loss marked a significant turning point in the Revolutionary War, diminishing the prospect of a British military victory. The defeat highlighted the unsustainable costs of continuing the conflict, both financially and in terms of lives lost. Additionally, growing anti-war sentiment and the desire for political stability in Britain prompted lawmakers to seek a diplomatic resolution, recognizing that a negotiated peace could be more beneficial than prolonged warfare.