Personal Injury: Compensation

(asked on 13th March 2017) - View Source

Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, what assessment he has made of the effect on Welsh Government funding of changes to the personal injury discount rate.


Answered by
David Gauke Portrait
David Gauke
This question was answered on 21st March 2017

The change to the personal injury discount rate to minus 0.75% applies to England and Wales. We will publish a consultation by Easter, which will consider options for reform, and are engaging with the Welsh Government throughout the consultation process to ensure that any impacts from the rate change are managed appropriately.

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