Tuesday 25 May 2010 saw the first Queen’s speech of the new coalition Government. The 22 Bills set out in detail what Prime Minister David Cameron hopes to achieve over the next 18 months.
An overview of the Bills outlined in the 2010 Queen's Speech programme:
Airport Economic Regulation Bill
Includes measures to increase the competitiveness of UK airports, having ruled out new runways in the South-East of England. More details to be announced in due course. Would apply across the UK, except Northern Ireland, which regulates its own airports. The government is in discussions with Northern Ireland over whether to adopt the reforms there.
Energy and Green Economy Bill
Will promote enhanced energy efficiency, including the roll-out of smart meters. Will promote low-carbon energy production. Most of the measures will apply to England, Wales and Scotland with some devolved elements, "depending on the final detail".
European Union Bill
Will mean a referendum must be held to approve any future treaties handing powers to the European Union.
Financial Reform Bill
Will shift responsibility for macro-regulation of the banking system from the Financial Services Authority to the Bank of England. Despite earlier reports there is no mention of a levy on the profits of UK banks.
National Insurance Contributions Bill
Will block next year's 1% rise in NI contributions by employers. UK-wide.
Office of Budget Responsibility Bill
Will provide a "statutory underpinning" to new Office of Budget Responsibility, which will provide borrowing and economic growth forecasts for the Treasury. Main elements of the proposed bill "have yet to be decided upon". No mention of reforming the remit of the National Audit Office, which was predicted in advance media coverage.
Parliamentary Reform Bills
Measures will be introduced to establish fixed-term elections for Parliament, held every five years. Will require 55% of MPs to vote for a dissolution of Parliament between scheduled elections. Will give constituents the right to "recall" corrupt MPs between elections. Will reduce the number of MPs by about 50. Review of reform of the House of Lords may be included in a separate draft bill later in the year. A Bill will also be introduced for a referendum on changing the voting system to the Alternative Vote. Will apply to the whole of the UK.
Pensions and Savings Bill
Will legislate for the phasing out of the default retirement age and set a timetable for raising the state pension age, depending on the outcome of a review. Will also restore the link between earnings and the state pension from 2012. Applies to England, Scotland and Wales.
Scotland Bill
Will grant the Scottish Parliament more powers over taxation and borrowing under proposals made by the Calman Commission.
Construction of high-speed rail line
(draft bill)
Increased investment in high-speed broadband
(secondary legislation)