Civil Liability Bill Update: Discount Rate and Whiplash Reforms

The Government on 21 March 2018 published the Civil Liability Bill, which as promised addresses whiplash reforms but which also includes a clause that addresses revisions to the way in which the personal injury discount rate is calculated.

The Scottish Government has now published its own draft Bill to address the calculation of the discount rate in Scotland - the Damages (Investment Returns and Periodical Payments) (Scotland) Bill. While there are similarities between the two Bills, there are some interesting differences which could result in a scenario where there are different discount rates north and south of the border.

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