Amid growing economic uncertainty, Treasury today (11 March) announced a budget looking to reassure businesses as coronavirus fears continue to rise and law firm partners brace for a slowdown.
The budget comes as early optimism for 2020 has turned to anxiety among major law firms, with clients become increasingly impacted by the global outbreak of coronavirus. Chancellor Rishi Sunak unveiled a £30bn package to help tackle the virus, which included the abolition of business rates for small businesses and a £1bn government-backed loan scheme.
