Labour’s first days in office – What Happens Next?

Labour’s first days in office – What Happens Next?


Todays other news
Fiscal advice is what landlords most want from brokers, a...
The Scottish additional homes tax is the highest level anywhere...
The average cost of damage done by a tenant is...
The latest lender to try to woo landlords is Accord,...
Shamplina has won this accolade three times in the past...


With Labour set to have a substantial majority in the Commons, this is how the coming days will play out. 

Over the weekend the new government will be formed and Cabinet ministers appointed. At this stage we should know the identities of the Housing Secretary and Housing Minister – will Angela Rayner and Matthew Pennycook take their shadow positions into government?

On Tuesday July 9 the new Parliament will meet for the first time, with the election of a House of Commons Speaker followed by the swearing in of all MPs, beginning with the MP with the longest continuous service, then the Prime Minister, members of the Cabinet and shadow cabinet, any MPs who are privy counsellors, and then other MPs based on when they were first elected. 

If there are large volumes of new MPs – as expected – the swearing in process will take some days, and until an MP has taken her or his oath they cannot participate in any substantive business in the Commons.

The State Opening of Parliament and the King’s Speech will be on the morning of Wednesday July 17, where the incoming government will outline its plans for its first year. At this stage we will realise what Labour housing policies are being prioritised by the new government.

The Institute for Government says that before the election was called, Parliament’s summer recess was scheduled to start on July 23. 

The Institute now says: “However this is less than six days from the King’s Speech and so would not leave enough time for the usual six sitting days taken to debate and vote on it, so it is likely that new recess dates will be set. This decision rests with the new government, and will be determined in part by what the government wants to get done before recess and whether it need MPs in attendance for this.”

A key decision to be formalised early in the life of the new government is when it will hold its first fiscal event – be that a formal Budget or a smaller so-called Autumn Statement. 

The Conservatives indicated before the election was called that it would hold an Autumn fiscal event if re-elected; Labour has pledged no emergency Budget over the summer and there is speculation that if elected it may delay any significant fiscal event until early 2025.

Share this article ...

Join the conversation: Login and have your say

Want to comment on this story? Our focus is on providing a platform for you to share your insights and views and we welcome contributions. All comments are screened using specialist software and may be reviewed by our editorial team before publication. Landlord Today reserves the right to edit, withhold or delete comments that violate our guidelines, including those that harass, degrade, or intimidate others. Users who post such content may be banned from commenting.
By commenting, you agree to our Commenting Terms of Use.
20 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
Recommended for you
Related Articles
This is the latest bid by Airbnb to be seen...
£5.9 billion has been spent to purchase UK properties through...
A university lecturer claims Airbnb has damaged the housing market....
Reform UK has paid a landlord some £4,000 after a...
Council will pay part of tenants’ rent to private landlords...
A mortgage chief is warning that thousands of buy to...
The government says it will shortly start a formal consultation...
Recommended for you
Latest Features
Changes in the Budget could significantly charge financial planning for...
Next year should see stability and opportunity in the private...
Sponsored Content

Send to a friend

In order to send this article to a friend you must first login. Click on the button below to login or sign up.

No one likes pop-ups ...
But while you're here