Spring budget 2016

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17 March 2016


Saunderson House200Yesterday, George Osborne delivered his first full Budget of the current Parliament. In his own words he described this as a Budget for the next generation, with a repeated theme of “act now, so we don’t pay later”.

His speech contained the usual set of jokes at the opposition’s expense and a healthy smattering of his own phrases of choice – six uses of “Northern Powerhouse”, with a “devolution revolution” and “we are the builders” thrown in for good measure.

In this note we cover the four announcements that we believe are likely to be most relevant to the financial planning of our clients, together with a brief comment on the potential impact of the Budget on markets. If you have any questions, please contact your usual adviser.

Download the full Budget Briefing here



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Is it time solicitors started taking ethics training more seriously?

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The requirement for solicitors to behave ethically in modern legal practice is more relevant than ever. Solicitors are still held in fairly high regard by the public, although that esteem is on the wane according to last year’s Trusted Professions poll by Ipsos Mori. Lawyers are less trusted than teachers and doctors but at least we prevail over accountants and bankers. We still hold a position of trust but we must work to hold that position. The current Solicitors Regulation Authority proposals to revise the Handbook are evidence that work still needs to be done.

June 21st, 2017