The King has delivered a speech laying out 40 bills which Keir Starmer’s Labour government will aim to bring forward. The monarch delivered the speech, which lasted around 13 minutes, in the House of Lords, before MPs moved to the Commons ahead of a debate on its contents. There were 40 new bills outlined in the Labour government’s legislative agenda, so understandably different aspects are being greeted differently.
One major omission from the speech was a pledge to end the two-child benefit cap, with Labour facing controversy after a Cabinet minister claimed it was “open to debate” whether the policy causes harm to children. But what was in the speech? Here is a run down of the 40 bills outlined in the King’s Speech: King Charles ahead of delivering his speech to parliament (Image: Alberto Pezzali/ PA) Budget Responsibility Bill This will introduce a “fiscal lock” which will ensure the economic watchdog, the Office of Budget Responsibility, assesses any major tax or spending changes by the Government..
This measure aims to maintain economic stability and prevent unexamined financial policies. National Wealth Fund Bill Establishes the National Wealth Fund with £7.3 billion to make investments across the UK.
It aims to mobilise private sector investment for economic growth and a greener economy. Pension Schemes Bill Supports over 15 million people in private-sector pension schemes to get better outcomes from their pension assets. Measures include consolidating .
