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Call for Evidence on the Personal Injury Discount Rate

16 January 2024

Proposing MP
Mike Freer Con
Finchley and Golders Green
Type
Written Ministerial Statement
Department
Ministry of Justice
View on Parliament.uk -->

At a Glance

Issue Summary

The statement announces the publication of a Call for Evidence to inform the second review of the Personal Injury Discount Rate (PIDR) under the Civil Liability Act 2018.

Action Requested

The Minister is requesting responses to the call for evidence over twelve weeks, which will help inform the work of the Expert Panel and the Lord Chancellor's considerations in reviewing the PIDR later this year. The Lord Chancellor will consult with the Expert Panel and HM Treasury as part of this process.

Key Facts

  • Call for Evidence on Setting the Personal Injury Discount Rate has been published.
  • This is the second review under the Civil Liability Act 2018 methodology.
  • The call for evidence remains open for twelve weeks.
  • The Lord Chancellor will consult with an appointed Expert Panel and HM Treasury.
  • Responses will inform the work of the Expert Panel and the Lord Chancellor's considerations.
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