In brief: SIF contributions

SIF contributions last year paid by the legal profession amounted to u281,013,000 – an £85,558,000 hike on 1997, according to the monopoly's annual accounts. The fund has managed to reduce its shortfall from u432.6m to u359.2m. But the the annual report reveals £74.3m in projected interest payments, which pushes that total up to £433,505,000.