Discount rate review set to begin
Lord Chancellor and Justice Secretary David Gauke will announce the move later today, with a decision on the rate to follow on or before 5 August.
The first review of the personal injury discount rate will start today (19 March), according to a statement on the London Stock Exchange.
Lord Chancellor and Secretary of State for Justice David Gauke is set to make an announcement confirming the news later today.
The statement detailed that the Civil Liability Act 2018 requires the Lord Chancellor to conduct the review and determine whether the rate should be changed or kept at its current level within 140 days.
This means the decision must
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk.
You are currently unable to print this content. Please contact info@insuranceage.co.uk to find out more.
You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@insuranceage.co.uk
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@insuranceage.co.uk
Most read
- Broker’s emails defeat negligence claim
- Academy strikes deal to buy Premierline from Allianz
- FOI request pulls back the curtain on FCA’s broker S166s