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The discount rate applied to personal injury compensation awards will be set by reference to ‘low risk’ rather than ‘very low risk’ investments as at present, and reviewed at least every three years, under proposals revealed by the Lord Chancellor, David Lidington. If set now, he said it might be ‘in the region of 0% to 1%’, up from -0.75%.
The discount rate applied to personal injury compensation awards will be set by reference to ‘low risk’ rather than ‘very low risk’ investments as at present, and reviewed at least every three years, under proposals revealed by the Lord Chancellor, David Lidington. If set now, he said it might be ‘in the region of 0% to 1%’, up from -0.75%.
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