Government to 'urgently' consult on discount rate cut after insurer CEO meeting
The government has said that it will “progress urgently” a consultation on the Ogden discount rate and “carefully consider” all the evidence submitted following today’s meeting between insurers and the Treasury.
The meeting was called following the announcement from Lord Chancellor Liz Truss on Monday that the discount rate - used by the courts in England and Wales to calculate personal injury damages awards
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