HL Deb 14 September 2001 vol 627 cc38-9WA
Lord Hunt of Wirral

asked Her Majesty's Government:

What is the estimate of the additional cost to public funds (identifying, where possible, the separate costs to public bodies, government departments and local authorities) arising from the lowering of the discount rate for personal injury cases from 3 to 2½ per cent announced by the Lord Chancellor on 27 June. [HL618]

The Lord Chancellor

A full assessment of the impact of the new discount rate is being prepared and will be published in due course.