Regular readers of this blog will know the importance. This is summarised in the petition document itself
“WHY IS THIS PETITION IMPORTANT?
People and business with genuine claims will be discouraged from going to court to assert their legal rights. Law Society president, Andrew Caplen has said that “the government’s hikes…will price the public out of the courts and leave small businesses saddled with debts they are due but unable to afford to recover”.
The increases are likely to provide an incentive for large companies to deny liability, knowing that injured parties would not be in a position to fund expensive court fees. Finally, it will most likely lead to small business insolvency. Unpaid invoices of £10,000s or £100,000s mean cash flow and overdrafts will become even more stretched.”