King Charles III Touts Bill to Ease UK Foreign Energy Reliance

King Charles announces the UK government will introduce legislation to "help it reduce reliance on volatile international energy markets and hostile foreign regimes." This includes "future licensing of new oil and gas fields," he says. King Charles III set out an election-focused UK legislative agenda at the ceremonial opening of Parliament, with Prime Minister Rishi Sunak focusing on a series of low-cost measures that lean heavily on right-wing politics as he tries to hold onto power in a nationwide vote expected next year. Facing about a 20-point poll deficit against the main opposition Labour Party, Sunak’s government announced tougher sentences for criminals, more drilling for North Sea oil and gas and limited housing reforms in a pitch that aimed to draw dividing lines with Keir Starmer’s party. -------- Subscribe to our YouTube channel: https://bit.ly/2TwO8Gm Subscribe to Bloomberg Originals: https://www.youtube.com/BloombergTV Bloomberg Quicktake brings you global social video spanning business, technology, politics and culture. Make sense of the stories changing your business and your world. Connect with us on… YouTube: https://www.youtube.com/user/Bloomberg Breaking News on YouTube: https://www.youtube.com/@BloombergQuicktakeNow Twitter: https://twitter.com/quicktake Facebook: https://www.facebook.com/quicktake Instagram: https://www.instagram.com/quicktake