Three Things to Remember from the Coalition Queen's Speech

10 May 2012
Nick Clegg speaking

There are three things that clearly show the Liberal Democrat influence on the Queens Speech:

Labour failed to regulate the banks: Vince Cable has won the argument and "Casino Banking " is now to be split off from retail banking operations. This leaves the banks free to profit from commercial and corporate financing - but removes the risk to taxpayers and current account holders if they get things wrong again.

The current full state pension is £107.45 a week and can be topped up to £137.35 with pension credit.
But roughly one and half million pensioners are not claiming this additional pension credit to which they are entitled.
So now there will be a new £140 flat rate pension.
No one will miss out in the future because they didn't know or couldn't cope with the complex application forms.
The £140 a week will increase with inflation and so will rise steadily to up to £155 by 2015 or 2016.

A new enforceable Groceries Code is being brought in to protect our farmers from commercial exploitation and boost rural wages. The Groceries Code will ensure that the largest retailers, such as the big name supermarkets, do not abuse their buying power and treat their suppliers (i.e. our farmers) fairly.

There are other signs of Lib Dem influence which we can celebrate - but the three above are a good start!

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