March 4 2015 Latest news:

This is interesting; Nick Clegg’s Queen’s Speech message to his supporters, in which he says the party is “punching above its weight”. That’ll go down well with those Tory MPs who have been complaining of just that for months now.

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Note he uses the term “collective determination” for Lords reform, which was not quite how Downing Street spinners were selling it earlier today.

Dear Friend,

Today’s Queen’s Speech has again shown that the Liberal Democrats are punching way above their weight – and we can be proud of that.

It included many of the long-term reforms we’ve campaigned for, such as reform of the banks. These will help build a sustainable future for our country.

In 2010, we took the decision together to enter into a Coalition Government so we could do the right thing for the country at a time of economic crisis. Today we’ve focused on helping families and supporting growth and jobs.

Vince Cable will regulate the banks so they can no longer be in a position to hold the country to ransom when their financial gambles don’t pay off. And Ed Davey will establish the world’s first Green Investment Bank and introduce electricity market reform to protect consumers, support low-carbon energy and invest in renewables.

We’re also helping some of the most vulnerable people in our society. Steve Webb will help pensioners by introducing a flat-rate pension. We’ll propose a way to modernise adult care and support, finally ensuring dignity in old age.

Today also clearly set out our collective determination to reform the House of Lords, an historic commitment of our party.

There’s so much more I could highlight: Sarah Teather’s work on improving support for children with special educational needs, our support for flexible working and shared parental leave and our proposals to strengthen the hand of farmers and other suppliers of supermarkets through an independent adjudicator.

You can read about all of this and more on the Liberal Democrats’ website.

This Queen’s Speech has a firm Liberal Democrat stamp on it, delivering on what we’ve passed at Conference and pounded the pavements and knocked on doors for.

Best wishes,

Nick Clegg MP

Leader of the Liberal Democrats and Deputy Prime Minister

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