UK's new Labour government sets out plans to 'take the brakes off' the economy in King's Speech
Wednesday, 17 July 2024 () Britain’s new Labour Party government campaigned on a promise to bring bold change at modest cost. Prime Minister Keir Starmer gets a chance to show how he aims to reconcile those two aims on Wednesday when the government announces its plans for the coming year. Starmer said the measures will “take the brakes off Britain” and “create wealth for people up and down the country” by spurring economic growth. The government says the speech will include more than 35 bills, including measures on housebuilding and nationalizing Britain’s railways and creating a publicly owned green energy firm. Labour won a landslide victory in Britain's July 4 election, ending 14 years of Conservative rule.
Ahead of the King’s Speech, Chancellor of the Duchy of Lancaster Pat McFadden says Labour's planning reforms will “get the economy moving”. Report by Blairm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Members of the House of Commons listen to the King's Speech during the State Opening of Parliament in chamber of the House of Lords at the Palace of Westminster, London. King Charles announced that..
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Credit: euronews (in English) Duration: 02:30Published
Wednesday, 17 July 2024 ()
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