New laws expected to be in the King's Speech
Summary
King Charles III will deliver the King's Speech to outline the UK government's new laws for the upcoming Parliamentary session. The speech will cover issues like the economy, welfare, financial services, immigration, and environmental policies.Key Facts
- The speech sets out the government’s planned new laws for the next Parliamentary session.
- Prime Minister Keir Starmer plans legislation to align some UK rules with EU single market standards, especially in food safety.
- The government may propose bills to address the cost of living crisis and reduce welfare spending, including limiting some benefits for under-22s.
- A National Wealth Fund Bill aims to legally establish a fund to encourage private investment in infrastructure.
- Financial services reforms include merging regulators and changing how complaints are handled in the City of London.
- A tourist tax consultation is underway to allow regional mayors in England to charge visitors who stay overnight.
- New laws on asylum will affect how family life rights are applied to some cases under the European Convention on Human Rights.
- Environmental laws will promote easier installation of electric vehicle chargers and include an Energy Independence Bill focused on energy bills and supply security.
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