Northern Ireland PI discount rate
![Northern Ireland PI discount rate](/_next/image?url=https%3A%2F%2Fpublic.solicitorsjournal.com%2Fapi%2Ffeatureimage%2FBrokende9d1.jpg&w=1920&q=85)
By Nicola Laver
NI's Department for Justice is expected to change the personal injury discount rate for the region to -1.75 per cent from 31 May
Northern Ireland’s Department for Justice is expected to change the personal injury discount rate for the region to -1.75 per cent from 31 May. The current discount rate is 2.5%. In England and Wales, the rate is -0.25 per cent. The Association of Personal Injury Lawyers’ (APIL) NI representative Oonagh McClure said: “t will be a relief to people waiting to settle their personal injury claims after Northern Ireland has lagged behind the rest of the UK with an inappropriately high discount rate for many years.”