Richard Cropper and Professor Victoria Wass have submitted a joint response to the Guernsey Personal Injury Discount Rate Consultation

James Rooney considers the impact of rising UK inflation

Ian Gunn considers whether the Retail Prices Index finally to be laid to rest

James Rooney sets out the extraordinary earnings data for ASHE 6115

Richard and Ian set out their views on the new minus 0.25% discount rate set by the Lord Chancellor under the Civil Liabilities Act

It is with great pride that we can announce that Richard Cropper has been invited to become a member of the Ogden Working Party, as it starts work on the 8th edition.

Ian Gunn looks at two examples where precision matters.

Discount rate issues surface again.

Ian Gunn takes a long look at interest rates and why investors should be wary.

We received an update from the Ministry of Justice with regards to the proposed Bill this morning.

The Ministry of Justice have provided an update with regard to the response to the Justice Committee report in respect of the discount rate

It was our understanding that the Ministry of Justice’s response to the Justice Committee’s report was due within 60 days of the report’s publication, which was on 30th November 2017.

In its response to the Autumn Budget last November, the Resolution Foundation, a ‘think tank’, painted a bleak picture of the outlook for the UK economy.

The Justice Committee's report on the proposed discount rate legislation concluded, amongst other things, that there was insufficient evidence of over-compensation to justify the abandonment of Wells.

On the 7th September 2017 the government published the outcome of the discount rate review and published draft legislation.

Ian Gunn considers the impact of a negative discount rate on indemnifying claims against medical professionals, employers and defendants with public liability.

I thought I would share the views of Sir Henry, as published on his own website, with regard to the past, present and future of setting the discount rate.

This is the first of a series of posts about the Lord Chancellor’s decision to reduce the discount rate used in assessing lump sum awards in personal injury claims to minus 0.75%. As some have already observed, what was a discount is now an uplift.

In Manna v Central Manchester University Hospitals NHS Trust, [2017] EWCA Civ 12, the Court of Appeal considered two particular issues arising from a Roberts -v- Johnstone award for an additional property.

The Lord Chancellor has made an additional Regulatory Statement to the London Stock Exchange regarding the discount rate.

Judgment was handed down this morning, which prevents the ABI from being able to delay the release of Lord Chancellor's review of the discount rate.

Set out in this blog is the Lord Chancellor's statement to the London Stock Exchange in full.

The ABI announced on the 19th December 2016 that it had launched a legal challenge of the Lord Chancellor’s decision to review the discount rate for personal injury damages, calling on the Government to complete its consultation and change the methodology before proceeding.  

Liz Truss has announced that the result of the review by the 31st January 2017.

We have collected a wide range of documents with regards to the calculation of the discount rate and popped them in our 'knowledge bank'.