The Sovereign Grant Bill is a government bill which would amend how the sovereign grant is set. This is a grant paid to the King to support the work of the sovereign. The bill would enable the size of the sovereign grant to be reduced following the completion of a 10-year works project on Buckingham Palace. The bill received cross-party support and was not amended in the House of Commons.
The Commercial Payments Bill [HL] seeks to tackle late payments to small businesses. It would impose minimum payment periods for invoices, prohibit the use of retentions in construction contracts and provide the small business commissioner with greater powers. The bill received an unopposed second reading in the House of Lords on 9 June 2026. 30 government amendments were made to the bill at committee stage.
![Commercial Payments Bill [HL]: Progress in the Lords](https://lordslibrary-parliament.studio24.dev/content/uploads/sites/2/2020/01/Business-VIGs-1232x924.jpg)
The Financial Services and Markets Bill [HL] is a wide-ranging bill that aims to reform the way the UK financial services sector is regulated. This briefing provides a summary of the bill’s second reading and committee stage in the House of Lords ahead of its further consideration at report.
![Financial Services and Markets Bill [HL]: Progress in the Lords](https://lordslibrary-parliament.studio24.dev/content/uploads/sites/2/2020/09/Economy-1232x922.png)
Research Briefing
The Taxation (Energy and Vehicles) Bill is a money bill that would implement three tax measures as part of the government’s package of support to tackle increased energy prices. The bill would increase the electricity generator levy, increase the rate of tax-free mileage allowance for employees, and provide a 12-month vehicle excise duty exemption for HGVs.
Research Briefing
The Railways Bill would implement parts of the government’s plan to nationalise the railways, which was a manifesto commitment. It would create Great British Railways, a new publicly owned body that would be a “directing mind” for the railways, bringing “track and train together”. It would also give new powers to the Passengers’ Council and require the government to publish a long-term strategy for rail, among other things.
Research Briefing
The Steel Industry (Nationalisation) Bill is a government bill that would provide powers to nationalise a company involved in steel manufacturing where it is in the public interest. It completed its House of Commons stages on 9 June 2026 and is scheduled for second reading in the House of Lords on 16 June 2026. The government has explained the bill is being fast-tracked as it believes it is necessary to safeguard the future of the UK steel industry. It says this is important for the UK economy, national security and critical infrastructure.
In Focus
Concerns have been raised about levels of welfare spending in the UK and increasing numbers of young people not in education, employment or training. This briefing sets out statistics, government policy and commentary on welfare and youth employment. This includes the government’s youth guarantee, its ‘Get Britain working’ policies and the interim report by Alan Milburn on young people and work.
Research Briefing
The Commercial Payments Bill seeks to tackle late payments to small businesses, estimated to affect 44% of invoices. It would impose minimum payment periods for invoices, prohibit the use of retentions in construction contracts and provide the small business commissioner with greater powers. The bill was introduced in the House of Lords on 19 May 2026 and is due to receive its second reading on 9 June 2026.
In Focus
Rural areas contribute a significant proportion of England’s economic output. The government has announced several policies intended to support growth in the rural economy, including farming. However, it has faced criticism for the delay in outlining its overall strategy for the agricultural sector. This briefing provides data on the rural economy and summarises government policy and stakeholder reaction
Research Briefing
The Financial Services and Markets Bill [HL] is a government bill that would make reforms to several areas of financial regulation, including reforms to the Financial Ombudsman Service, abolishing the Payment Systems Regulator, introducing a ‘provisional licences’ authorisation scheme, and making reforms to the UK’s bank ring-fencing regime. Its second reading in the House of Lords is scheduled to take place on 8 June 2026.
In Focus
In recent years, electricity prices for both households and businesses have seen significant increases. This briefing sets out how electricity bills are calculated, how much on average they cost and how they compare internationally. It also provides commentary on why prices have been so high and gives an overview of government policy in this area.
In Focus
The UK’s low and declining birth rate, alongside increasing life expectancy, is contributing to population ageing. This has raised concerns about potential effects on the size of the workforce, demand for public services and economic growth. This briefing considers these issues and sets out the government’s response to such concerns.
In Focus
The House of Lords Committee on the Autism Act 2009 called for the government to urgently develop a new autism strategy, tackling “persistent inequalities” experienced by autistic people in education, health, work, criminal justice and the community. The government has since commissioned an independent review into mental health conditions, autism and ADHD, launched a call for evidence to inform a mental health strategy, and announced a special educational needs reform bill.
Research Briefing
The Social Housing Bill [HL] is a government bill intended to support growth in the social housing sector in England and improve the efficiency of the current right to buy system. It also includes provisions intended to protect the victims of domestic abuse.
Research Briefing
The Civil Aviation (Consumer Protection and Regulatory Reform) Bill [HL] is a government bill focused on supporting the aviation industry and related consumer rights.
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