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Pension reforms announced in Queen's Speech 2014

Plans for giant "pooled" pension schemes with the potential to boost people's chances of getting a better retirement outcome have been unveiled in the Queen's Speech. The legislation will enable "collective schemes" that spreads risk between members.

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5p levy on plastic bags expected in Queen's Speech

Legislation for a 5p levy on plastic shopping bags is expected to be included in the Queen's Speech, with shoppers in England being expected to pay for carrier bags from Autumn next year.

The plan, aimed at reducing litter and protecting the environment, was announced at the Lib Dem conference last year.

The 5p plastic bag charge is aimed at reducing litter and protecting the environment. Credit: Rui Vieira/PA Wire

It follows the success of a similar scheme in Wales where a 5p charge reduced the number of carrier bags given out in the country by 75%.

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