Theresa May has assured that the concerns of businesses in the UK regarding the Brexit will be addressed during the formal inaugural speech of Queen Elizabeth marking the commencement of the new UK parliament and highlighting the policies of the government for the period of next two years. Under pressure owing to the reduced majority of the Tories in the UK Parliament, the Prime Minister of UK also announced a host of policies for energy markets, corporate governance, education, and social care reform, as quoted by The Hindu.
The Queen said in her speech addressing Members of both House of Commons and House of Lords that the government is dedicated to evolving a consensus to the maximum possible extent for Brexit deliberating with the Parliament, UK businesses, concerned administrations and others.
The new term of the UK government will be a crucial test of Theresa May’s ability to administer the nation in one of its most testing times in this generation. The speech of the UK Monarch is collated with input from the ministers and is read out by the Queen in the joint session of the both the houses of the UK Parliament. The speech comes at a time of intense fluid political situation as the Tories are yet to come to an agreement with their coalition partner in the government the Democratic Unionist Party of Northern Ireland.
The legislative schedule announced by the Queen lists a series of policies dominated by the Brexit giving an indication that Theresa May was eager to garner a wider support for the exit from the EU. The briefing issued after the speech outlined that government would step up its deliberations with UK businesses and other stakeholders to arrive at a broader strategy for Brexit.
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