My Lords, my Lords and Members of the House of Commons, an increasingly dangerous and volatile world threatens the United Kingdom,

with the conflict in the Middle East, only the most recent example. Every element of the nation's

energy, defence and economic security will be tested. My government will respond to this world with

strength and aim to create a country that is fair for all. My ministers will take decisions

that protect the energy, defence and economic security of the United Kingdom for the long term. They will defend

the British values of decency, tolerance and respect for difference under our common flag,

and they will harness the potential of the pride felt across this country for its communities.

My government will take urgent action to tackle anti-Semitism and ensure all communities feel safe.

My government believes that the United Kingdom's economic security depends on raising living standards in every part of the United Kingdom.

My ministers will support measures that maintain stability and control the cost of living.

They will use public investment to shape markets and attract further private

investment. They will deploy the power of an active state in partnership with business

and enable reforms that support higher growth and a fair deal for working people.

My government believes that improved trading relations

are vital for the United Kingdom's economic security,

for significantly raising economic growth

and for lowering prices for working people.

My ministers will introduce legislation to take advantage of new trading opportunities,

including a bill to strengthen ties with the European Union.

My government will also support the economic security of British businesses.

Legislation will be introduced to tackle late payments and to reduce the burden of unnecessary regulation through innovation.

The United Kingdom's economic security depends upon world-class infrastructure.

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