Compensation: Personal Injury

House of Lords written question – answered on 25th February 2014.

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Photo of Lord Hodgson of Astley Abbotts Lord Hodgson of Astley Abbotts Conservative

To ask Her Majesty’s Government whether they expect to implement any revisions to the personal injury discount rate as a result of the research on that subject published in September 2013; and, if so, when.

Photo of Lord Faulks Lord Faulks The Minister of State, Ministry of Justice

The discount rate is currently under review, and no decision has yet been taken on what the rate should be or how it should be set. This is a very complex issue, and the review is being taken forward on as timely a basis as possible.

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