Theresa May’s Queen’s Speech

Today we finally get to hear in the form of the Queen’s Speech what Theresa May and her government  plan for the future, it will reveal which laws they plan to introduce or change.

The centre of the speech is expected to be dominated by Brexit, one of a number of bills will be the Great Repeat Bill to put existing EU regulations into UK law. The government will  set out plans for the next two years, rather than just one year as usual, this will give more time for ministers to consider the complex laws they need to navigate to enable the UK to leave the EU.

Following the General Election Theresa May’s hand has been significantly weakend, she no longer has a majority in the house and at this moment of time she still has not tied up a deal with the DUP to give her the majority required in parliament to get the Queen’s Speech agreed.

Some manifesto pledges blamed for costing the conservatives a majority will be scrapped, this will include plans to scrap the winter fuel allowance and the pension triple lock, a vote to repeal the foxhunting ban and the scrapping of free school dinners for infants. Action to tackle the crisis in social care has been pledged, the controversial manifesto proposal dubbed the ‘dementia tax” which caused such constenation in the run up to the election and probably caused a number of core supporters to withdraw their support will also be dropped.

A Draft Tenant’s Fees Bill to ban landlords from charging tenants “letting fees” is expected to be included.

Speaking ahead of todays Queen’s Speech Theresa May said: “The election result was not the one I hoped for, but this Government will respond with humility and resolve to the message the electorate sent. We will work hard every day to gain the trust and confidence of the British people, making their priorities our priorities,”

 

 

 

Allen Walkey

Highly experienced businessman with a successful career in property sales and investment both in the UK and abroad. Now a freelance writer and blogger for the property and Investment Industry, keeping readers up-to-date with changes and events in a rapidly changing world.

You May Also Enjoy

Love or Hate Rightmove
Breaking News

Bank Rate cuts boost optimism for 2025 despite Budget pause

Average new seller asking prices drop by 1.4% (-£5,366) this month to £366,592, a bigger fall than the usual, seasonal 0.8% drop seen at this time of year, likely due to pre- and post-Budget jitters However, despite the dampening effect of the Budget, market activity remains stronger than last year as Bank Rate falls: The…
Read More
Breaking News

How to market to Estate Agents UK

The UK’s property sales and letting industry is quite sizable in both volume of work and those employed within. Some 25 million dwellings in England alone exist and there were estimated to be approximately 55,500 estate agents working in the United Kingdom as of the second quarter of 2024. Up and down the country, in…
Read More
Letting Agent Talk

Preventative Measures to Reduce the Risk of Emergencies in a Rental Home

Ensuring that a rental home is safe and well-maintained is essential for both landlords and tenants. Emergencies in a rental property can lead to significant stress, financial loss, and potential damage. However, by implementing preventative measures, landlords and tenants alike can reduce the risk of emergencies and create a safer living environment. This guide provides…
Read More
Estate Agent Talk

Understanding the Metrics Used by Estate Agents to Determine Your Home’s Worth

Determining the value of a property can sometimes feel like a complex process shrouded in mystery. However, understanding the various metrics and considerations that estate agents use to assess your home’s worth can demystify the process and empower you as a homeowner. This blog will provide a comprehensive guide to the key factors estate agents…
Read More
Breaking News

Breaking Property News 15/11/24

Daily bite-sized proptech and property news in partnership with Proptech-X.   Digital transformation of real estate drives profitability Press Release – London 14th November 2024 – Following the October budget, estate agents across the UK are seeking new ways to adapt to an evolving property market. Rising costs and shifting buyer expectations have driven a need…
Read More
Estate Agent Talk

Labour’s Vision for Homeowners and Renters: Key Changes to Expect

The UK housing market continues to be a complex and often challenging landscape for both homeowners and renters. Labour’s vision for housing reform aims to address longstanding issues in affordability, security, and sustainability, setting out a series of policy proposals that could reshape the property market. Whether you are a homeowner, a renter, or an…
Read More