The court was asked ‘whether the court should alter the discount rate, set by the House of Lords in Wells v Wells [1999] 1 AC 345 (judgment delivered on 16 July 1998), at 3%, and if so to what new rate. A further question also arises whether the impact of taxation on the fund is such that, even if the general rate is not altered, it should be in this case.
The facts’
Judges:
Stuart-Smith, Mummery, Tukey LJJ
Citations:
[2000] EWCA Civ 100
Links:
Jurisdiction:
England and Wales
Personal Injury, Damages
Updated: 31 May 2022; Ref: scu.147133