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A report from the House of Commons Justice Select Committee called for a law requiring the discount rate to be reviewed and reset at least every three years after the Lord Chancellor has consulted with an expert panel and Treasury officials. It follows the move by former Lord Chancellor, Liz Truss, to slash the rate from 2.5% to -0.75%.
A report from the House of Commons Justice Select Committee called for a law requiring the discount rate to be reviewed and reset at least every three years after the Lord Chancellor has consulted with an expert panel and Treasury officials. It follows the move by former Lord Chancellor, Liz Truss, to slash the rate from 2.5% to -0.75%.
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