What does the the Queen’s Speech mean to you?
Today’s the big day: The Queen’s Speech, when we find out exactly what is lined up in the new Conservative government’s legislative programme after its general election victory.
Amid all of the pomp and ceremony of the State Opening of Parliament, we are expected to hear more details about the EU referendum, a British Bill of Rights, tax cuts for low earners and, controversially, an extension to the Right to Buy programme.
Crucially, it could also deliver sorely needed pro-business initiatives; these include proposals to cut red tape for businesses by at least £10bn and the creation of Small Business Conciliation Service to help settle disputes.
Other measures are set to include the creation of three million apprenticeships as part of a drive to get 2million more people into work by 2020. This is a welcome move, we place great focus on training at McAndrew Martin and have several senior employees who started as apprentices and have carved out a career for themselves with us.
Commentators have speculated on the provision of a tax lock, meaning no income tax rates, no increases in VAT and no increases in National Insurance for this parliament although this could be introduced in a separate bill later in the year.
Housing and planning could be set for a shake-up with the extension of Right to Buy to housing association tenants plus the launch of a £1bn Brownfield Fund to stimulate development.
We have recently launched a land and new homes department to help meet the new for new housing, so will watch this with interest.
Childcare, education, devolution for major cities and legislation focusing on Europe and immigration are also expected to be on the table.
As a leading firm of chartered surveyors providing a wide range of property related services, we hope to see measures which will help us, our clients, customers and communities thrive.
We’ll be watching the outcome closely although, as ever, the devil will be in the detail. What is important though, is that the Government gets back to the business of running the country as smoothly as possible so people – and businesses – have the stability to plan ahead for the future.
You can follow the Speech live as it happens on the BBC website here: http://www.bbc.co.uk/news/live/uk-politics-32891101
Today’s the big day: The Queen’s Speech, when we find out exactly what is lined up in the new Conservative…