Discount rate reform unveiled by the government
Justice Secretary David Gauke to introduce the Civil Liability Bill, which includes changes to how the Ogden rate is set.
Justice Secretary David Gauke has unveiled plans to introduce the Civil Liability Bill through the House of Lords today (20 March).
The new bill includes changes to the way the discount rate is set as well as how whiplash claims are paid out.
However, it does not give any indication as to whether the rate will actually be altered as a result.
Compensation
The Ministry of Justice noted that the aim is to “provide a more balanced approach to compensation that fully compensates victims of
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