Queen's Speech focuses on inflation and strengthening the economy

'Return inflation to its target'

Ayesha Venkataraman
clock • 3 min read

The government will support the UK economy, helping to ease the cost of living and drive economic growth, said Prince Charles as he delivered the Queen's Speech at the State Opening of Parliament.

Speaking on Tuesday (10 May), Prince Charlies addressed the Lords chamber in Westminster on behalf of the Queen, unveiling government plans for the year ahead. He spoke of plans for the economy, energy, public order, financial services, data protection, education, Brexit and trade, among other key issues.   Speaking about the economy, Prince Charles said: "Her Majesty's Government will drive economic growth to improve living standards and fund sustainable investment in public services. This will be underpinned by a responsible approach to the public finances, reducing debt while reformin...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

FCA to consult on pensions targeted support from December

FCA to consult on pensions targeted support from December

Consultation comes amid Advice Guidance Boundary Review

Sahar Nazir
clock 15 November 2024 • 2 min read
London Capital & Finance operated as Ponzi scheme, High Court rules

London Capital & Finance operated as Ponzi scheme, High Court rules

Now failed LCF raised £237m from 11,600 retail investors

Sahar Nazir
clock 15 November 2024 • 2 min read
Feel Good Friday: Square Mile charity quiz raises more than £16,000

Feel Good Friday: Square Mile charity quiz raises more than £16,000

Raises much-needed funds for Starlight Children’s Foundation

Professional Adviser
clock 15 November 2024 • 1 min read