UK's new government announces legislation for 'national renewal' as Parliament opens with royal pomp

LONDON (AP) — Britain’s new Labour Party government promised to calm the country’s febrile politics and ease its cost-of-living crisis as it set out its plans for “national renewal” at the grand State Opening of Parliament on Wednesday.

Stabilizing the U.K.’s public finances and spurring economic growth were at the center of Prime Minister Keir Starmer ’s legislative agenda, announced in a speech written by government officials and delivered by King Charles III.

“My government will seek a new partnership with both business and working people and help the country move on from the recent cost-of-living challenges by prioritizing wealth creation for all communities,” the king said in a speech to hundreds of lawmakers and scarlet-robed members of the House of Lords.

Starmer, who has moved his left-leaning party towards the center since becoming Labour leader in 2020, campaigned on a promise to bring bold change to Britain at modest cost to taxpayers. He aims to be both pro-worker and pro-business, in favor of vast new construction projects and protective of the environment. The risk is he may end up pleasing no one.

In a written introduction to the speech, Starmer urged patience, saying change would require “determined, patient work and serious solutions” rather than easy answers and “the snake oil charm of populism.”

The King’s Speech is the centerpiece of the State Opening, an occasion where royal pomp met hard-nosed politics, as the king donned a diamond-studded crown, sat on a gilded throne and announced the laws his government intends to pass in the coming year.

Labour won a landslide election victory on July 4 as voters turned on the Conservatives after years of high inflation, ethics scandals and a revolving door of prime ministers. Starmer has promised to patch up the country’s aging infrastructure and frayed public services, but says he won’t raise personal taxes and insists change must be bound by “unbreakable fiscal rules.”

But he clearly believes in an active role for the state in public life. Wednesday’s speech included 40 bills – the Conservatives’ last speech had just 21 – ranging from housebuilding to nationalizing Britain’s railways and decarbonizing the nation’s power supply with a publicly owned green electricity firm, Great British Energy.

The government said it would “get Britain building,” setting up a National Wealth Fund and rewriting planning rules that stop new homes and infrastructure being built.

Economic measures included tighter rules governing corporations and a law to ensure all government budgets get advance independent scrutiny. That aims to avoid a repetition of the chaos sparked in 2022 by then-Prime Minister Liz Truss, whose package of uncosted tax cuts rocked the British economy and ended her brief term in office.