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ARTICLE · 20 MARCH 2018

Civil Liability Bill To Be Introduced To The Lords Today

Clyde & Co
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The Ministry of Justice has announced that the Civil Liability Bill will set out proposed reforms to the discount rate and whiplash claims.

United KingdomLitigation, Mediation & Arbitration
Clyde & Co LLP
Clyde & Co LLP
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The Ministry of Justice has announced that the Civil Liability Bill will set out proposed reforms to the discount rate and whiplash claims.

The Civil Liability Bill will introduce two major changes to the personal injury compensation system in England and Wales, including the long awaited proposals for the changes to the discount rate.

The Bill will also set out the proposed changes to the system for the compensation of whiplash injuries, including the introduction of a tariff scheme.

Discount rate

According to the Ministry of Justice (MoJ), the discount rate measures in the Bill will:

  • support the 100% compensation principle;
  • modernise the way the discount rate is set so that it reflects the reality of how claimants actually invest their money; 

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