PI discount rate consultation closes ahead of 2024 review

interest rates rise

The Ministry of Justice’s consultation into establishing a dual/multiple PI discount rate closed yesterday, with the final decision to be made in July 2024.

The consultation, which was launched in January, called for evidence into how establishing a dual/multiple personal injury discount rate could work. It dealt with multiple aspects, including whether

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FCA overwhelmed by feedback on naming and shaming

Emily Shepperd, chief operating officer of the Financial Conduct Authority, has said the regulator will “really take our time” when considering its proposed plans to name firms it is investigating before any decision has been made.

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