Sunday 8 May 2011

Damages

New Ogden tables are coming.They are likely to recognise increased life expectancy and under consideration is a range of discount rates in increments of .25% rather than .5% as now.
The consultation paper on the discount rate is complete ;we are awaiting publication.
I understand that the Goodale litigation,brought by prisoners against the MOJ, has just settled.The MOJ were funding both sides of the litigation,an interesting economic exercise.