New Labour Government Sets Out Plans for UK in King’s Speech

The new Labour government has set out its legislative agenda in the first King’s Speech of the new Parliament. King Charles III, accompanied by his wife, Queen Camilla, addressed both Houses on Wednesday for the second time as monarch of the UK. The address was the first under a Labour government for 14 years after Prime Minister Sir Keir Starmer swept to power earlier this month. King Charles’s first announcement was that “all significant tax and spending changes are subject to an independent assessment by the Office for Budget Responsibility.” This is a direct Labour response to the mini-budget former Prime Minister Liz Truss brought in that led to her swift removal from Number 10....