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This afternoon's 'Summer Budget' saw the first 'full' Conservative budget since 1996: a year when only four per cent of the UK population had access to the Internet (which was, if memory serves me right, petrol-driven) and the average house price was £62,000 (nowadays, not even enough to be the average deposit on a London home).
How life has moved inexorably on...
So what should commercial lawyers take from today's 2015 Budget statement (Mark II)?
Here's a few things that stood out for us:
Of course, you probably want to know more.
If so, why not head over to the blog run by our colleagues at PSL Corporate Tax? As you can imagine, they are working hard on analysing this Budget now.
In the meantime, I'm looking forward to watching BBC Newsnight's Lego budget at 10.30pm tonight. Will the power of Lego cut through the detail and help to explain all? Is this the future of budget broadcasting. Only time will tell...
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