It’s safe to say that the new government hasn’t taken long to settle in. Within its first few days, the Labour government has taken every opportunity to signal its commitment to its new national mission on economic growth. Within 72 hours of taking office, the de facto ban on onshore wind was lifted. The country’s regional mayors have visited Downing Street to discuss new statutory Local Growth Plans. The Health Secretary, Wes Streeting, has declared the Department for Health and Social Care an “economic growth department”. A selfie taken by new Business Secretary Jonathan Reynolds, with officials, was captioned, “With the full squad ready to deliver growth in every part of the UK.”

It will be no surprise that we at CPP are delighted to see a government speak in such bullish terms about economic growth across the country. The new government has spent its honeymoon period marrying its intention to “fix the foundations” of our economy with several quick wins across Whitehall and the regions. Frankly, it is long overdue.

It has become something of a cliché to say that the “hard work starts now”, but it is true. This week's King’s Speech is the first major opportunity the new government has to lay the foundations to achieve its mission “to secure the highest sustained growth in the G7, with good jobs and productivity growth in every part of the country.”

Given Labour’s emphasis on speed and delivery in its first 100 days in power, we can expect a speech packed with new bills. We should expect language directly from the King, the Prime Minister, the Government benches that speaks to a “new agenda for economic growth”.

We expect a new employment rights bill to put into law Labour’s New Deal for Working People, a new bill to establish Great British Energy, and a new bill to start the long, gradual process of renationalising the railways. These are some of the bigger features of Labour’s manifesto and broader economic offer that they have been vocal about and that would require legislation.

Although Labour has spoken comparatively less about skills, we could also see a new bill to establish Skills England. This would be very welcome. Firstly, because the specific functions and remit of Skills England remain largely undefined. Secondly, because the former Shadow Skills Minister, Seema Malhotra, has been moved to become a Minister in the Home Office – which means it is as yet unclear how much of a priority the skills agenda is for the new government.

While Labour has been more vocal about two major pillars of their economic agenda –planning reform and devolution – there haven’t been many specifics on the detail yet. I suspect Labour won’t reveal much more of their policy offer on either on Wednesday. We should get more of a sense of the government’s direction on planning reform once a revised National Planning Policy Framework (NPPF) is published over the coming weeks. New legislation to establish Local Growth Plans as a statutory requirement for Combined Authorities, and to establish a new Council of the Nations and Regions, could appear in the speech. But more substantive thinking on deepening and expanding devolution should come over the coming months, starting with the budget.

There may be old pieces of legislation on the stocks from the previous government that Labour will want to pursue. They have said they will revive the Tobacco and Vapes Bill, to effectively ban smoking for current teenagers, for example.

They might want to bring forward the Renters Reform Bill, never implemented by the last government, to ban Section 21 notices (also known as no-fault evictions). Labour has also matched the previous government’s commitment to establish a single labour market enforcement body. That formed part of the previous government’s Employment Bill, that never fully saw the light of day. As both are Labour manifesto commitments, it wouldn’t be a surprise if they are resurrected this week.

The new government will use this King’s Speech to talk up their economic credentials and use the passing of bills reflecting their big manifesto commitments to set the path towards a “decade of national renewal” and achieving the new national mission on economic growth.

Practically, the King’s Speech will be about two things. One is about laying the foundations of what is to come. It will take time to establish properly institutions such as Great British Energy and Skills England, and the government is framing the agenda it will use the speech to deliver as a ‘downpayment’ on the change it wants to deliver. The second will be to demonstrate immediate impact to enhance the security of workers and households.

What binds it all together is the idea of security – that economic growth is fundamentally a force for good, that can enhance the security of people and communities. Perhaps this week is the first that the Chancellor’s idea of Securonomics starts to become a reality. Let’s see.