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The State Opening of Parliament happened on Wednesday — the King read the speech from the Throne in the Lords chamber, Irish State Coach from Buckingham Palace, Camilla in the State Diadem. The bit that actually matters is the legislative agenda: 37 Bills the Government wants through this session. ITV ran the speech in full yesterday and the Commons Library research briefing has a useful breakdown.
Headlines that stood out reading the coverage on itv.com: the European Partnership Bill (deeper UK–EU cooperation on trade, energy, food regs, electricity trading and carbon emissions — effectively re-aligning chunks of UK law with EU standards in specific sectors), more on defence spending against the backdrop of the King's opening line about an "increasingly dangerous and volatile world", housing reform, transport, and another swing at NHS workforce planning.
For Scotland specifically, the immediate consequence is around the energy/defence interface (Faslane, the BAE Govan shipyard order book, the Grangemouth transition workstreams) and the food regulation alignment which has implications for Scottish agri-food exports. The Holyrood lot will have their own response but the headline is that the UK Gov is leaning toward closer regulatory alignment than they've managed in any session since 2020.
Worth a read in full rather than the front-page summaries. Curious what others took from it — particularly the EU bit, which the Government has been careful not to call rejoining anything, but in practice covers the bits of Single Market access that mattered most to exporters. Whether that survives committee is the next question.