Discount Rate Change Should Help Those With Life Changing Injuries

From 20th March 2017, after a wait of 16 years, victims of accidents and medical mistakes will finally have their compensation worked out in a way that should help them to cover the costs of their rehabilitation and expenses going forwards.

This week’s announcement by the Ministry of Justice that the discount rate applied to compensation awards in personal injury cases will go from 2.5% to minus 0.75% is welcome news for those who have been seriously injured through no fault of their own. Continue reading…