It was already the view of many that it was unlikely now that we would hear from the Ministry of Justice with a final conclusion to its on-going review of the discount rate before the General Election in May 2015. Today, news has been released by the MoJ of another step along the journey, but because of the time that will be needed to take that additional step in the process, we surely also now have confirmation that the current 2.5% level of the rate will remain unchanged during the remainder of this parliament.
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