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damagesaccommodationdiscount rate
JR v Sheffield Teaching Hospitals NHS Foundation Trust
[2017] EWHC 1245 (QB)
Key Principle
Following the reduction of the statutory discount rate to -0.75%, a first-instance court remains bound by the Court of Appeal's Roberts v Johnstone methodology for capitalising the additional capital cost of special accommodation, even though a negative discount rate produces a nil or negative award, the remedy being a matter for the Court of Appeal or Parliament.
Area of Law
General
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