5th May 2021
BIBA, Call for evidence, CPR & Courts, Damages, Damages, Justice Committee, Trade bodies / regulators
FOIL NI and BIBA (the joint signatories) acknowledge the new proposed statutory methodology for calculating the personal injury discount rate in Northern Ireland as infinitely preferable to the current methodology used under Wells v Wells, under which the Minister’s recent announcement to strike a rate at -1.75% is based.