King's Speech Outlines 37 Bills with Pro-Growth Measures and Energy Taxes

King Charles delivered the King's Speech on May 13, 2026, unveiling 37 bills under PM Starmer's agenda for growth, security, and energy independence. Latest details highlight regulatory easing via the Regulating for Growth Bill for AI and defense tech, financial compliance cuts, and an Electricity Generator Levy taxing excess profits, alongside housing reforms capping new ground rents at £250. Of the bills, 8 were previously introduced; welfare spending remains at over £300 billion annually. These mixed policies signal support for tech and industrials but pressures on utilities and property, influencing UK 100 sectors.