The bills, including four in draft form, will “focus on economic growth, justice and constitutional reform”, the Queen told MPs.
Constitutional change features in the speech alongside new laws to support families, reform pensions and break up the banks to avoid further failures.
The banking reforms put into place some of the recommendations of Sir John Vickers in his report into how to prevent a repeat of the crisis of 2008.
Banks will be required to ring-fence off their High Street banking services for households and businesses and the higher risk activities of their investment arms, although it may be several years before this is implemented.
A new bill will also aim to strengthen shareholders’ power to reject excessive boardroom pay deals.
It would make shareholder votes on directors’ pay binding but again falls short of some more radical proposals which would have forced companies to achieve a 75% to approve pay packages, the FT reports.
Prior to the speech, Prime Minister David Cameron and deputy Nick Clegg stressed their top priority remains cutting the deficit and restoring economic growth.
“The primary task of the government remains ensuring that we deal with the deficit and stretch every sinew to return growth to the economy, providing jobs and opportunities to hard-working people across Britain who want to get on,” the leaders said in a joint statement.
