Contract dispute not allowed to delay supply of underground trains

London Underground has succeeded in legal action to prevent a contract dispute with three major suppliers delaying the delivery of new trains. The issue arose when the company conducted a procurement exercise for the manufacture and supply of 94 new trains and equipment for the Piccadilly Line, with options for the supply of additional trains

Giveaway budget’ but no rise in inheritance tax allowances

Chancellor Philip Hammond surprised political commentators by producing what’s been described as a “giveaway budget” featuring tax cuts and increased public spending. While many people will welcome the increase in personal tax allowance and extra funds for services like the NHS, there was also some disappointment that there was no increase in inheritance tax allowances

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