In an unexpected move, U.K. Prime Minister Rishi Sunak called for a general election to be held on July 4, months ahead of schedule. The announcement was made amidst a downpour on Downing Street and sets off what is set to be an intense six-week campaign. Legal professionals now find themselves in the position of potentially having to guide clients through what could possibly be the country’s first governmental transition in 14 years. (Read More)
One partner vocalised the concerns of clients over Labour’s policies on private school fees and alterations to the ‘non-dom’ tax regime. With the details of the election and its implications still unfolding, the legal profession is bracing for significant changes.