WATCH: How King Charles reacts as he delivers Rishi's gas and oil plan

WATCH: How King Charles reacts as he delivers Rishi's gas and oil plan
Georgia Pearce

By Georgia Pearce

Published: 07/11/2023

- 12:54

Updated: 07/11/2023

- 15:09

King Charles appears to take a long pause during his first King’s Speech, as he announced government plans for new annual oil and gas licenses in the North Sea.

In the first King’s Speech in over 70 years, the monarch outlined plans for new oil and gas fields, which will be implemented by the government.

Detailing the plans, King Charles said: “My minister's focus is on increasing economic growth and safeguarding the health and security of the British people for generations to come.

“My government will continue to take action to bring down inflation to ease the cost of living for families and help businesses fund new jobs and investment.

“My ministers will support the Bank of England to return inflation to target by taking responsible decisions on spending and borrowing.”

The King continued: “These decisions will help household finances, reduce public sector debt and safeguard the financial security of the country.

“Legislation will be introduced to strengthen the United Kingdom's energy security and reduce reliance on volatile international energy markets and hostile foreign regimes.

“This bill will support the future licensing of new oil and gas fields, helping the country to transition to net zero by 2050 without adding undue burdens on households.”


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