Commenting on the decision by the Lord Chancellor to increase the Personal Injury Discount Rate in England & Wales from -0.25% to +0.5%, Matthew Maxwell Scott, Executive Director of the Association of Consumer Support Organisations (ACSO), said:
"The Lord Chancellor has sensibly erred on the side of caution and in doing so makes it less likely that the 100 per cent Compensation Principle will be broken. In resisting siren voices calling for a much higher rate, she has done the right thing by seriously injured people while also ensuring that costs to compensators are kept under control."