Deficit reduction, reform of the House of Lords and the division of banking are among thepriorities of the British Government, presented today by Queen Elizabeth II in a solemnceremony in Parliament.The 86-year sovereign, wearing crown and ermine cloak as usual, began his speech by noting that the priority of the coalition government between Conservatives and Liberal Democrats is to reduce the deficit.The goal is to make that eighty percent of the members of this chamber are electedthrough a proportional system and not as before.
In addition, the text revealed today by the Queen is a draft that will force banks to separate their investment banking business and trade, to protect customer deposits in bankruptcy for riskier operations.In this way, it will be easier to close banks that are in trouble.Another project is the reform of the retirement age will be increased from 65 to 67 years old by 2028.http://www.lavozdegalicia.es/noticia/internacional/2012/05/09/reduccion-deficit-reforma-lores-discurso-reina-inglaterra/00031336563014958314903.htm
