1st August 2019

The Discount Rate in Personal Injury Claims: What, Why and How

On 15th July 2019 the Government announced a change to the calculation of personal injury compensation. From 5th August the “discount rate” applied in compensation calculations will be raised from -0.75% to -0.25%. The announcement has been met with slight relief by those acting for Claimants and with displeasure from insurance companies who are, in Continue reading