Periodical payment appeal defeated: Insurer seeks Lords review
The Court of Appeal this morning dismissed the defendants’ appeal in the case of Singh Flora v Wakom (Heathrow) Ltd, that periodical payments for future loss of earnings and future care costs should be indexed by reference to the Average Earnings Index rather than the Retail Prices Index.
The claimant's arguments were based on a Cardiff Business School report which sought to show that, historically, care costs and earnings have risen at a rate consistently higher than the RPI.
The
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