“Guess what… the Lord Chancellor’s review of the discount rate is not going to be completed by 31/1/17”
30th January 2017
No-one will fall over with surprise at this one, writes Matthew White of St John’s Chambers. Having announced on 7/12/16 that she would publish the results of a review on the discount rate for use in personal injury claims by 31/1/17, the Lord Chancellor is being reported as having said in a statement to the London Stock Exchange on Friday that she will not, in fact, be saying anything about the review by 31/1/17. This, it seems, has nothing to do with the Association of British Insurer’s failed attempt to judicially review her approach to the process: see R (on the application of the Association of British Insurers v. (1) Lord Chancellor (Defendant): and (2) Association of Personal Injury Lawyers (Interested Party), as yet unreported judgment of Andrew Baker J on 20/1/17. It is said that the Lord Chancellor “remains committed to making an announcement in February”.
For the London Stock Exchange Announcement, see here
Matthew White (Call 1997) is an experienced personal injury barrister who advises both claimants and defendants in all aspects of this area of the law.
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