00:00 My Lords and Members of the House of Commons,
00:05 it is mindful of a legacy of service and devotion to this country set by my beloved mother, the late Queen,
00:14 that I deliver this, the First King's Speech, in over 70 years.
00:20 The impact of Covid and the war in Ukraine have created significant long-term challenges for the United Kingdom.
00:29 That is why my Government's priority is to make the difficult but necessary long-term decisions to change this country for the better.
00:40 My Minister's focus is on increasing economic growth and safeguarding the health and security of the British people for generations to come.
00:52 My Government will continue to take action to bring down inflation, to ease the cost of living for families,
01:01 and help businesses fund new jobs and investments.
01:06 Legislation will be introduced to strengthen the United Kingdom's energy security
01:12 and reduce reliance on volatile international energy markets and hostile foreign regimes.
01:21 This Bill will support the future licensing of new oil and gas fields,
01:28 helping the country to transition to net zero by 2050 without adding undue burdens on households.
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