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Unions welcome Labour's King's Speech but warn ‘financial straitjacket’ cannot be allowed to block real change
Charles Windsor reads the King's Speech in the House of Lords Chamber during the State Opening of Parliament in the House of Lords at the Palace of Westminster in London, July 17, 2024

UNIONS welcomed Labour’s plans to begin rebuilding Britain after it set out its government agenda in the King’s Speech today, but warned its “financial straitjacket” must not prevent real change.

Among the policies King Charles announced in the House of Lords were the renationalisation of rail, lifting the ban onshore wind, ending tax breaks for private schools, the creation of a state-owned energy investment and generation company, and rolling out the New Deal for Working People.

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