COST BITES 308: SHOULD BUDGETING TAKE PLACE IN A £340 MILLION CASE? TAXIS DRIVERS WANT TO KNOW THE FARE IN ADVANCE

The usual "cut off" point for costs budgeting is £10 million.  Here we are looking at a case where the court considering budgeting in a case with a value of £340 million.  The judgment contains interesting, and important, observations on the purpose of budgeting and its advantages and disadvantages ...