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1721 Results

Budget 2021

Find the latest news, views and our analysis of all the key announcements.

The end of the "over-lawyered" witness statement? New rules for witness evidence in the Business and Property Courts

On the 6th April 2021, a new Practice Direction 57AC ("PD 57AC") will come into force in the Business and Property Courts, applicable to all trial witness statements signed on or after that date1. The introduction of PD 57AC represents a fundamental reform to the way factual witness evidence is collected and presented in commercial litigation, and will require a change in working practice and attitude on the part of both parties to commercial proceedings and their lawyers.

Budget 2021: UK corporation tax increase

Recent press reports have speculated that the Chancellor, Rishi Sunak, is set to increase the main rate of UK corporation tax rate (currently 19%), with some reports predicting a sharp rise to 25%. 

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