Assumed rate of return on investment of damages

Part of Civil Liability Bill [Lords] – in a Public Bill Committee am 2:45 pm ar 11 Medi 2018.

Danfonwch hysbysiad imi am ddadleuon fel hyn

Photo of Bambos Charalambous Bambos Charalambous Llafur, Enfield, Southgate 2:45, 11 Medi 2018

The Minister said there was a big change when a previous Lord Chancellor set the rate at -0.75%. I wonder what advice and from whom she received in setting that rate. Clearly, she would have had some advice, rather than plucking that figure out of the air. I wonder what the situation is now.