CHANGE IN THE DISCOUNT RATE FROM THE 11th JANUARY 2025: THE STATUTORY INSTRUMENT IS OUT…

The Damages (Personal Injury) (England and Wales) Order 2024 changes the discount rate from the 11th January 2025 so that the prescribed rate of return is 0.5%.  This may lead to some schedules (and counter-schedules) needing to be re-visited and some offers of settlement reconsidered.

THE ORDER Th...

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