On 9 may, the British Monarch outlined the Government’s priorities for the coming Parliamentary year in the official state opening of Parliament. Projected legislation includes among many other changes such as the House of Lords reform, an Enterprise and Regulatory Reform Bill which ams to :
- Overhaul the employment tribunal system, and transform the dispute resolution landscape.
- Improve the effectiveness and efficiency of competition enforcement and the competitiveness of markets, by strengthening the regime and improving the speed and predictability for business.
- Set the purpose of the UK Green Investment Bank and ensure its independence.
- Strengthen the framework for setting directors’ pay by introducing binding votes.
- Extend the Primary Authority scheme, reduce inspection burdens on business and strengthen the legal framework for sunset clauses on regulation.
- Repeal unnecessary legislation, cutting the burden on business and citizens.
A BBC news item reflects political comments : The prime minister told MPs: "Let me say exactly what this Queen's Speech is about. It is about a government taking the tough, long-term decisions to restore our country to strength. "Dealing with the deficit, rebalancing the economy and building a society that rewards people who work hard and do the right thing." Labour leader Ed Miliband said his party would support measures such as parental leave and a Green Investment Bank - but the Queen's Speech contained nothing for the young unemployed, working families and "millions of people who don't think the government is on their side".
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