{"id":35508,"date":"2026-05-13T14:04:11","date_gmt":"2026-05-13T14:04:11","guid":{"rendered":"https:\/\/www.europesays.com\/britain\/35508\/"},"modified":"2026-05-13T14:04:11","modified_gmt":"2026-05-13T14:04:11","slug":"kings-speech-puts-investment-at-heart-of-growth-push","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/britain\/35508\/","title":{"rendered":"King\u2019s Speech puts investment at heart of growth push"},"content":{"rendered":"\n

King Charles used the King\u2019s Speech to outline a government agenda centred on \u201ceconomic security\u201d, with a strong focus on using public investment to drive growth and attract private capital into the UK economy.<\/p>\n

In the speech delivered at the State Opening of Parliament today (13 May), the King said the government believed the UK\u2019s economic security depended on \u201craising living standards in every part of the United Kingdom\u201d.<\/p>\n

He added: \u201cMy Ministers will support measures that maintain stability and control the cost of living. They will use public investment to shape markets and attract further private investment.\u201d<\/p>\n

The speech also pledged to \u201cdeploy the power of an active state in partnership with business\u201d and pursue reforms designed to support \u201chigher growth and a fair deal for working people\u201d.<\/p>\n

The government signalled that infrastructure and energy projects would form a key part of that strategy.<\/p>\n

Planned legislation includes measures to support airport expansion, roads and rail projects, renewable energy and a new era of nuclear generation.<\/p>\n

The King said: \u201cThe United Kingdom\u2019s economic security depends upon world-class infrastructure.\u201d<\/p>\n

Among the projects referenced were the Lower Thames Crossing, Northern Powerhouse Rail and measures to safeguard domestic steel production.<\/p>\n

Pension industry aligns on UK growth with Mansion House Accord<\/a><\/p>\n

The speech also highlighted plans to strengthen trading relations with the European Union, which the government said were \u201cvital\u201d for raising economic growth and lowering prices.<\/p>\n

Alongside infrastructure and industrial policy, the government pledged reforms aimed at supporting businesses, including legislation to tackle late payments and reduce \u201cthe burden of unnecessary regulation through innovation\u201d.<\/p>\n

Commenting on the speech, Maike Currie, VP Personal Finance at PensionBee, said: \u201cJust as notable as what was included was what was missing.<\/p>\n

\u201cWe are unlikely to see another major flagship private pensions bill this year because the Pension Schemes Act 2026 has only just received Royal Assent. Instead, the focus now shifts from major reform to implementation.<\/p>\n

\u201cThe real work begins with turning legislation into practical outcomes for savers. Consultations on guided retirement solutions and Value for Money frameworks are expected this year, with full implementation targeted by 2028.<\/p>\n

\u201cThese reforms could materially change how people experience retirement, particularly those entering drawdown without financial advice.\u201d<\/p>\n

Charlotte Kennedy, chartered financial Planner at Rathbones, added: \u201cThe King\u2019s Speech isn\u2019t a Budget, so it won\u2019t change your finances overnight. What it does do is signal where ministers want to focus \u2013 from housing to welfare and work.<\/p>\n

\u201cBut this year\u2019s speech comes with a caveat. It has been overshadowed by serious questions over the prime minister\u2019s future after hefty local election losses, making today\u2019s agenda look fragile.<\/p>\n

\u201cAny change at the top could leave large parts of it redundant, with a new leader likely to pursue a different course.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"King Charles used the King\u2019s Speech to outline a government agenda centred on \u201ceconomic security\u201d, with a strong…\n","protected":false},"author":2,"featured_media":35509,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[181,1657,371,2708,13125,5,6],"class_list":{"0":"post-35508","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-uk","8":"tag-government","9":"tag-growth","10":"tag-investment","11":"tag-king-charles","12":"tag-kings-speech","13":"tag-uk","14":"tag-united-kingdom"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@UnitedKingdom\/116567648659050308","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/posts\/35508","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/comments?post=35508"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/posts\/35508\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/media\/35509"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/media?parent=35508"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/categories?post=35508"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/tags?post=35508"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}