Association of Personal Injury Lawyers
A not-for-profit organisation representing injured people

Department of Justice to set the personal injury discount rate in Northern Ireland at -1.75 per cent

26 Mar 2021
APIL news

APIL Northern Ireland representative Oonagh McClure said:

 

“Finally, there will be some certainty for people with life-long, life-changing injuries in Northern Ireland. The -1.75 per cent discount rate proposed by the Department of Justice means compensation for injured people will be calculated on the basis that they will not need to take risks when investing the money to ensure it stretches to meet their needs for the rest of their lives.

It will be a relief to people waiting to settle their personal injury claims after Northern Ireland has lagged behind the rest of the UK with an inappropriately high discount rate for many years.

The proposals follow years of lobbying by APIL and its recent intervention in a judicial review brought by Paul McCrossan against the Department of Justice in Northern Ireland, which was heard earlier this month.“

Past statements and comments

Whiplash reforms delayed from April 2021 to May 2021, 11 Jan 2021
APIL statement following ministerial announcement to delay whiplash reforms until April 2021, 21 Apr 2020
Reactionary statement following inflationary increase to bereavement damages, 20 Mar 2020
Implementation of the whiplash reform programme, 27 Feb 2020
Response to Scottish personal injury discount rate announcement, 30 Sep 2019
Government responds to MedCo consultation - APIL statement, 05 Sep 2019
Lord Chancellor announces discount rate change – APIL response, 15 Jul 2019
NHS Resolution annual report 2018/19: Reaction from the Association of Personal Injury Lawyers (APIL), 12 Jul 2019

More past statements

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