Association of Personal Injury Lawyers
A not-for-profit organisation representing injured people

Lord Chancellor announces discount rate change – APIL response

15 Jul 2019
APIL news

APIL president Gordon Dalyell said:

 

“We welcome the Lord Chancellor’s decision to set the discount rate at minus 0.25 per cent, after uncertainty about the impact of the Government’s new approach of setting the rate on the basis that injured people should be considered ‘low risk’ investors. The Government has faced sustained pressure from the insurance industry to set a rate which would not be appropriate for injured people, who should not be forced to take any risk with their investments. We must remain vigilant that this new rate does provide them with the fair compensation they need and deserve.”

 

Past statements and comments

NHS Resolution annual report 2018/19: Reaction from the Association of Personal Injury Lawyers (APIL), 12 Jul 2019
APIL's response to the publication of the fixed recoverable costs consultation, 28 Mar 2019
Lord Chancellor announces start of discount rate review – APIL response, 19 Mar 2019
NHS Resolution annual report 2017/18: Reaction from the Association of Personal Injury Lawyers (APIL), 13 Jul 2018
Civil Liability Bill debate on whiplash reform in the House of Lords - reaction from the Association of Personal Injury Lawyers (APIL), 13 Jun 2018
Reaction from the Association of Personal Injury Lawyers (APIL) to the Justice Select Committee report on increasing the small claims limit for personal injury (17 May 2018), 17 May 2018
Fixed costs for personal injury claims against the NHS: APIL response, 15 Feb 2018
MoJ decides on April 2019 to implement whiplash reforms, 12 Feb 2018

More past statements

Head of Public Affairs
Lorraine Gwinnutt
0115 943 5400
lorraine.gwinnutt@apil.org.uk

Communications Manager
Jane Hartwell
0115 943 5416
jane.hartwell@apil.org.uk

Press & Communications Officer
Lizzy Freeman
0115 943 5431
lizzy.freeman@apil.org.uk