Government to prioritise wealth creation
Members of the House of Commons listen to the King's Speech during the State Opening of Parliament in chamber of the House of Lords at the Palace of Westminster, London. King Charles announced that "securing economic growth will be a fundamental mission.'' Report by Gluszczykm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
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00:30My Lords and Members of the House of Commons,
00:43My Government will govern in service to the country.
00:47My Government's legislative programme will be mission-led and based upon the principles
00:53of security, fairness and opportunity for all.
00:59Security will be the cornerstone of my Government's economic policy, and every decision will
01:04be consistent with its fiscal rules.
01:09It will legislate to ensure that all significant tax and spending changes are subject to an
01:15independent assessment by the Office for Budget Responsibility.
01:21Bills will be brought forward to strengthen audit and corporate governance, alongside
01:26pension investment.
01:30Securing economic growth will be a fundamental mission.
01:34My Government will seek a new partnership with both business and working people, and
01:40help the country move on from the recent cost-of-living challenges by prioritising wealth creation
01:47for all communities.