§ Mr. DismoreTo ask the Parliamentary Secretary, Lord Chancellor's Department how many responses he has received to his consultation document CP3/00 on the discount rate for levels of damages; how many were from(a) hon. Members, (b) the general public, (c) the legal profession and judges and (d) the insurance industry; in each case, how many favoured (i) a rate of return of 2 per cent., (ii) a rate of return of 3 per cent. and (iii) a rate of return of 4 per cent. or more; and when he plans to publish his proposals in response to the consultation. [124846]
§ Mr. LockThe deadline for responses to the Lord Chancellor's damages consultation paper was 31 May. Eighty responses have been received and are being analysed. Two responses have been received from academics, one from a member of Parliament, 44 from the legal profession, 13 from the insurance industry, 11 from financial specialists and nine others. The remaining information requested by my hon. Friend will be made available to him when the analysis is complete. The Lord Chancellor expects to announce his conclusions in the early Autumn.