Thirsty Thursday - The Discount Rate (EV659)
David Johnson will set out his views on Part 2 of the Civil Liability Bill and where it is likely to lead us in relation to the discount rate.
Discount Rate lowered to minus 0.75%
On 27 February 2017 the Lord Chancellor and Secretary of State for Justice announced that she would be reducing the discount rate from 2.5% to -0.75%.
Weightmans statement: changes in the discount rate for personal injury claims
The Ministry of Justice has announced plans to cut the discount rate from 2.5% to -0.75%.
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.
Government discount rate announcement has strategic implications for compensators
On 7 September 2017 the Government issued an early morning stock market announcement, outlining how it intends to approach the issue of the discount rate for the calculation of future damages in personal injury actions, going forward.
Civil Liability Bill | Discount Rate and Whiplash Reforms Update | Commons second reading
Ahead of today's Second Reading debate of the Civil Liability bill in the House of Commons, we prepared two briefing papers addressing the up to date position in relation to both the proposed whiplash reforms and also the changes to the way the…
LEGAL COMMENT: Delay in Ogden Rate changes
The UK's Justice Select Committee has recommended a delay to the implementation of reforms to the Ogden discount rate in a new report published this week...
Weightmans expert reacts to Ogden rate change announcement
The Ogden rate is going to be set between zero percent and one percent following a consultation launched in March.
LEGAL COMMENT: Civil Liability Bill introduced
The Bill will bring about the legislative change necessary to tackle much publicised issues surrounding reform of how the personal injury discount rate is set
Multipliers - practical issues and unintended consequences
Join us at our next Breakfast Bite seminar which will look at some of the issues raised by the recent change in the discount rate, including practical issues in calculating multipliers, claims for accommodation and loss of earnings.