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Let us also not forget the serious impact this will have on jobs in the PI industry. Many more smaller firms will close and thousands of jobs will be lost and this will also be the case for those working for insurance companies and court staff.

Many of us have trained for years to qualify as solicitors, legal executives and experience fee earners and now find our livelihoods in serious jeopardy. Please Mr Osborne explain to me at the age of 47, after 8 years training to be a solicitor, and 15 years working as a qualified solicitor, you expect me to do if I lose my job should this be implemented?

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