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Westminster will be awash with pomp and ceremony today as parliament hosts the King’s Speech.

But what will the day involve and how will it play out? And what plans for the country’s future are likely to be unveiled?

Read on to find out all you need to know.

What is the King’s Speech?

While a parliament – meaning the period of time between general elections – can last for up to five years, a new parliamentary session is normally launched annually. It gives the government of the day a chance to outline its legislative plans for the year ahead.

The start of a new session is marked with the grandest of ceremonies, the State Opening of Parliament.

It brings together members of the House of Commons and House of Lords, as well as the monarchy, dressed up in their finest regalia for the day ahead. Look out for the robes, britches and, of course, the crown.

After numerous traditions are played out – from searching the bowels of the building for gunpowder to slamming a door in Black Rod’s face – peers and MPs gather in front of the monarch to listen to them deliver the King’s (or Queen’s) Speech.

The Prince of Wales delivers the Queen's Speech during the State Opening of Parliament in the House of Lords, London. Picture date: Tuesday May 10, 2022.
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The then Prince of Wales delivered the speech on his mother’s behalf in May 2022

While the address may be read out by the head of state, the content is written by the government and sees their legislative agenda given a stately introduction to the ears of parliamentarians and the public.

The speech will fall to King Charles III in his first state opening as monarch – though he had a dry run back in May 2022, when he stood in for his mother due to her mobility issues.

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From 2022: How Charles stepped up for the Queen’s Speech

The late Queen Elizabeth II delivered the speech a total of 67 times during her reign, and only missed it on a handful of occasions, including when she was pregnant with Prince Andrew and then Prince Edward.

After the document is read out, MPs return to the Commons and spend around five days debating its content, but not before two backbench MPs nominated by the prime minister kick off proceedings by giving a loyal address to parliament – a light-hearted affair, often littered with some cringeworthy jokes.

What will the speech mean for Rishi Sunak?

This is the first time this prime minister has had his plans delivered in a King’s Speech since he moved in to Number 10.

Liz Truss’s short premiership meant she missed out on this particular spotlight for her policy agenda. Boris Johnson was the last prime minister to oversee a state opening 18 months ago.

Read more:
King’s Speech: Plans centred around criminal justice to be unveiled

King will have to announce measures we know he’s bound to dislike
Hard to see how Sunak’s first King’s Speech won’t be his last – analysis

King’s Speech live: Watch our special programme on Sky News, hosted by Sophy Ridge, from 10.30am today. You will also be able to follow the event live via the Politics Hub on the Sky News app and website.

Tuesday’s ceremony is likely to be the final King’s Speech of this parliament as Mr Sunak will have to call a general election by the end of January 2025 at the latest.

That means it may also be his last chance to show both his party and the public what he stands for, following his first year of trying to steady the ship after the chaos surrounding last autumn’s revolving door in Downing Street.

Hard to see how Rishi Sunak’s first King’s Speech won’t be his last

The King’s Speech is supposed to be the landmark moment in the life of parliament.

It is the occasion for a prime minister to set down his or her mission for government, and outline the laws they will pass to try to achieve their goals.

But this year, the moment will belong to King Charles III, rather than Rishi Sunak, for two reasons.

First is the sheer symbolism of the new monarch delivering the first King’s Speech in over seven decades.

An epoch-making moment, it reminds us all in the most formal of settings, laced with symbolism, that we have passed from the first Elizabethan era to the new Carolean age.

Second is the reality of Mr Sunak’s predicament.

His first King’s Speech in power will be less about landing a vision and more about holding position, for this is a prime minister running out of time and with little space to push through new ideas.

Read Beth Rigby’s full analysis here

Mr Sunak will also need to bring his MPs and members with him to ensure they back his leadership going into the looming general election, so he may choose to be cautious with his priorities – while throwing some red meat to please particular wings of the Conservative Party.

But the upcoming national poll also leaves questions over how much legislation the prime minister and his government can push through in a short space of time – during which MPs will also want to be out on the doorstep campaigning to keep their seats.

What will be in the speech?

While the spectacle of the speech is designed for a new legislative agenda to be proposed, the government can also “carry over” some bills from the previous session that it was unable to pass into law.

According to the House of Commons Library, five carry-over motions have been agreed for bills, giving them another 12 months to achieve royal assent, namely:

• Data Protection and Digital Information (No 2) Bill – which aims to update the UK’s data protection laws post-Brexit

• Digital Markets, Competition and Consumers Bill – which proposes new powers to improve competition between online businesses and new protections for consumers

• Economic Activity of Public Bodies (Overseas Matters) Bill – which would introduce a ban on public bodies, such as councils, from boycotting other countries, with a special status for Israel

• Victims and Prisoners Bill – which aims to improve support for victims of crime, along with reform of the parole system

Renters (Reform) Bill – which features proposed changes to regulations covering the rented housing sector

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Life as a renter in the UK

Two so-called “hybrid” bills will also continue to be scrutinised in the next parliament – one on the future of the northern leg of HS2, which was scrapped by Mr Sunak at his party’s conference, and one on a Holocaust memorial in Westminster.

The Commons’ researchers have also highlighted several bills announced in the last session that were never officially introduced, meaning they could return under Mr Sunak.

They include the much-touted ban on conversion therapy – though some on the right of the party could influence Number 10 to chuck it out – as well as further measures to tackle modern slavery and a transport bill to bring in some of the HS2 replacement projects announced by the prime minister.

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The key moments from 2022’s Queen’s Speech

What new proposals are we expecting?

Ministers have already confirmed there will be a bill to phase out leaseholds, with all new houses in England and Wales having to be sold as freehold properties.

Mr Sunak’s party conference announcement to raise the legal age for buying cigarettes in England by one year every year to phase out smoking is sure to get a showing too.

But reports suggest the major focus will be on crime, not just with existing plans being finalised – such as compelling criminals to attend sentencing – but with the introduction of bills to introduce tougher sentences for serious crimes, such as rape, and a scheme to rent prison space abroad.

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How would a smoking ban work?

The prime minister is also expected to accelerate his plans to disrupt existing net zero policies with the introduction of an annual system to award new oil and gas licences.

Meanwhile, the government could give its backing to establishing an independent football regulator.

By lunchtime on Tuesday, we will have the full list of what Mr Sunak has in store.

It could either be his springboard to winning the next election – or his last legislative dance while still holding the keys to Number 10.

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Planning reforms to ‘rewire the system’ and get Britain building – all while protecting wildlife

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Planning reforms to 'rewire the system' and get Britain building - all while protecting wildlife

Major developers will only deal with one regulator under planning reforms which ministers say will “rewire the system” to get Britain building – all while protecting the environment. 

A review by former Labour adviser Dan Corry into Britain’s sluggish system of green regulation has concluded that existing environmental regulators should remain in place, while rejecting a “bonfire of regulations”.

But Mr Corry suggested there might be circumstances in which the government look at changing the wildlife and habit rules inherited from the EU, which protect individual species.

Politics latest: Follow live updates

These lie at the centre of the controversy of a £120m bat tunnel – the shed in Aylesbury which protects a rare breed from future high speed trains.

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The government has now explicitly ruled out any such change in this parliament.

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Campaigners have questioned whether the changes go far enough and will make a major difference to the rate and scale of building in the UK.

Speaking to Sky News, Environment Secretary Steve Reed insisted that accepting nine of the recommendations from the Corry review would amount to wholesale reform.

The minister said: “We can get a win-win for economic growth and for nature. And that is why we are moving ahead with proposals such as appointing a lead regulator for major developments so that the developers don’t have to navigate the architecture of multiple regulators.

“They just work for a single regulator who manages all the others on their behalf. Simplifying the online planning portal.

“These are huge changes that will save developers billions of pounds and speed up decisions doing damage to the environment.”

Mr Reed insisted that there would be “no more bat tunnels” built, even though the Corry review suggests that more work needs to be done to look again at the relevant guidance.

It says: “Rapidly reviewing the existing catalogue of compliance guidance, including on protecting bats, will identify opportunities to remove duplication, ambiguity or inconsistency.

“Natural England has already agreed to review and update their advice to Local Planning Authorities on bats to ensure there is clear, proportionate and accessible advice available.”

The review will mean:

• Appointing one lead regulator for every major infrastructure project, like Heathrow expansion

• A review on how nature rules are implemented – but not the rules themselves

• Insisting regulators focus more on government priorities, particularly growth

Economist and former charity leader Mr Corry, who led the review, said it shows that “simply scrapping regulations isn’t the answer”.

“Instead we need modern, streamlined regulation that is easier for everyone to use. While short-term trade-offs may be needed, these reforms will ultimately deliver a win-win for both nature and economic growth in the longer run.”

However, Sam Richards from Britain Remade, a thinktank trying to get Britain growing, said that while the steps are welcome, the number of regulators that report to the environment department would remain the same before and after the review. He questioned whether this would have the impact ministers claimed.

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Kentucky joins Vermont and South Carolina in dropping Coinbase staking suit

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Kentucky joins Vermont and South Carolina in dropping Coinbase staking suit

Kentucky joins Vermont and South Carolina in dropping Coinbase staking suit

Kentucky’s finance watchdog has dismissed its lawsuit against Coinbase over the exchange’s staking rewards program, following its peers in Vermont and South Carolina.

Kentucky’s Department of Financial Institutions filed the stipulation to dismiss jointly with Coinbase on April 1, ending the state’s legal action against the exchange first filed along with 10 other state regulators in June 2023.

Coinbase chief legal officer Paul Grewal posted to X on April 1, calling for Congress “to end this litigation-driven, state-by-state approach with a federal market structure law.”

Kentucky joins Vermont and South Carolina in dropping Coinbase staking suit

Source: Paul Grewal

Financial regulators from 10 states launched similar suits against Coinbase in June 2023, on the same day the Securities and Exchange Commission sued the exchange — a lawsuit the SEC dropped last month.

Seven suits against Coinbase still active

Alabama, California, Illinois, Maryland, New Jersey, Washington and Wisconsin are the seven states that are still continuing with their lawsuits, which all allege Coinbase breached securities laws with its staking rewards program.

Vermont was the first state to end its suit against Coinbase, with its Department of Financial Regulation filing an order to rescind the action on March 13, noting the SEC’s Feb. 27 decision to drop its action against the exchange and the likelihood of changes in the federal regulator’s guidance.

The South Carolina Attorney General’s securities division followed Vermont days later, dismissing its lawsuit in a joint stipulation with Coinbase on March 27.

Related: South Carolina dismisses its staking lawsuit against Coinbase, joining Vermont

Kentucky’s decision to drop its case against Coinbase follows just days after the state’s governor, Andy Beshear, signed a “Bitcoin Rights” bill into law on March 24 that establishes protections for crypto self-custody and exempts crypto mining from money transmitting and securities laws.

The axed state-level lawsuits come amid a stark policy change at the SEC, which has dropped or delayed multiple lawsuits against crypto companies that it filed under the Biden administration.

The federal securities watchdog has also created a Crypto Task Force that is engaging with the industry on how it should approach cryptocurrencies.

Magazine: SEC’s U-turn on crypto leaves key questions unanswered

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Sir Keir Starmer says US-UK trade talks ‘well advanced’ and rejects ‘knee-jerk’ response to Donald Trump tariffs

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Sir Keir Starmer says US-UK trade talks 'well advanced' and rejects 'knee-jerk' response to Donald Trump tariffs

Sir Keir Starmer has said US-UK trade talks are “well advanced” ahead of tariffs expected to be imposed by Donald Trump on the UK this week – but rejected a “knee-jerk” response.

Speaking to Sky News political editor Beth Rigby, the prime minister said the UK is “working hard on an economic deal” with the US and said “rapid progress” has been made on it ahead of tariffs expected to be imposed on Wednesday.

But, he admitted: “Look, the likelihood is there will be tariffs. Nobody welcomes that, nobody wants a trade war.

“But I have to act in the national interest and that means all options have to remain on the table.”

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Sir Keir added: “We are discussing economic deals. We’re well advanced.

“These would normally take months or years, and in a matter of weeks, we’ve got well advanced in those discussions, so I think that a calm approach, a collected approach, not a knee-jerk approach, is what’s needed in the best interests of our country.”

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Keir Starmer

Downing Street said on Monday the UK is expecting to be hit by new US tariffs on Wednesday – branded “liberation day” by the US president – as a deal to exempt British goods would not be reached in time.

A 25% levy on car and car parts had already been announced but the new tariffs are expected to cover all exports to the US.

Jonathan Reynolds, the business and trade secretary, earlier told Sky News he is “hopeful” the tariffs can be reversed soon.

But he warned: “The longer we don’t have a potential resolution, the more we will have to consider our own position in relation to [tariffs], precluding retaliatory tariffs.”

He added the government was taking a “calm-headed” approach in the hope a deal can be agreed but said it is only “reasonable” retaliatory tariffs are an option, echoing Sir Keir’s sentiments over the weekend.

Read more:
Why a figure of 48% is important as Trump tariffs near
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Donald Trump speaks to reporters aboard Air Force One. Pic: Reuters
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Donald Trump speaks to reporters aboard Air Force One on Sunday. Pic: Reuters

Tariff announcement on Wednesday

Mr Trump has been threatening tariffs – import taxes – on countries with the biggest trade imbalances with the US.

However, over the weekend, he suggested the tariffs would hit all countries, but did not name them or reveal which industries would be targeted.

Read more: How Trump’s tariffs could affect the UK

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‘Everything on table over US tariffs’

Mr Trump will unveil his tariff plan on Wednesday afternoon at the first Rose Garden news conference of his second term, the White House press secretary said.

“Wednesday, it will be Liberation Day in America, as President Trump has so proudly dubbed it,” Karoline Leavitt said.

“The president will be announcing a tariff plan that will roll back the unfair trade practices that have been ripping off our country for decades. He’s doing this in the best interest of the American worker.”

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Trump’s tariffs: What can we expect?

Tariffs would cut UK economy by 1%

UK government forecaster the Office for Budget Responsibility (OBR) said a 20 percentage point increase in tariffs on UK goods and services would cut the size of the British economy by 1% and force tax rises this autumn.

Global markets remained flat or down on Monday in anticipation of the tariffs, with the FTSE 100 stock exchange trading about 1.3% lower on Monday, closing with a 0.9% loss.

On Wall Street, the S&P 500 rose 0.6% after a volatile day which saw it down as much as 1.7% in the morning.

However, the FTSE 100 is expected to open about 0.4% higher on Tuesday, while Asian markets also steadied, with Tokyo’s Nikkei 225 broadly unchanged after a 4% slump yesterday.

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