Liz Truss stands firm as EU threatens trade war

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Among the 38 bills that have been announced, planning reforms will allow neighbors to hold “street votes” on extensions and conversions, encouraging homeowners to add value to their properties. While a raid on property developers’ profits will fund schools, roads and doctors’ surgeries.

However, no further steps were taken to offer immediate crisis relief, prompting an outpouring of criticism from think tanks of all political persuasions, opposition party leaders and own deputies of Mr Johnson.

David Davis, the former Brexit secretary, said: ‘A Queen’s Speech is built on sand if it is not underpinned by strong economic foundations.

“Today the taxes are too high. We must therefore correct certain fundamentals. High taxes do not generate growth, they stifle it.

John Redwood, the former Welsh secretary, said that with rising heating and fuel bills, ‘at least that money should be given back through other taxes’.

Robert Jenrick, the former housing secretary, said it was “clear that taxes on working people are too high”. Sir Roger Gale, the Tory MP for North Thanet, called for “urgent action now”.

Theresa May, the former Conservative Prime Minister, also raised the cost of living, as she said: ‘It’s a time like this when the Conservative principles of sound public finances and competent economic management are needed more than ever”.

Downing Street and the Treasury have also rejected calls for an emergency budget, meaning no further tax cuts – a constant demand from Tory MPs – are expected until the autumn.

There was no bill dealing with Northern Ireland Protocol in the Queen’s Speech.

However, the speech said: “The continued success and integrity of the whole of the United Kingdom is of paramount importance to my government, including the internal economic links between all its parts.”

Ms Truss’ criticism of EU proposals to fix problems with the protocol is the latest public sign that the government may be on the verge of taking unilateral action to roll back the deal.

The Prime Minister took advantage of a call with Micheál Martin, the Irish Taoiseach, on Monday evening to say that the situation regarding the protocol was now “very serious”.

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