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Scotland Discount Rate stays at -0.75%

The Government Actuary has this morning published his report recommending that the Scottish Discount rate remain at  -0.75%.  The report along with his recommendations was sent to Scottish Ministers…

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Scotland Discount Rate

It will now be the job of the UK Government Actuary's Department (GAD) to recommend a new Scottish Discount Rate for Scotland.  The GAD must report to Scottish Ministers with its recommendations for…

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What constitutes a “final judgment”?

This was the question asked of the Sheriff Appeal Court in SITEMAN PAINTING AND DECORATING SERVICES LIMITED v  SIMPLY CONSTRUCT (UK) LLP [2019] SAC (Civ) 13. The Appellants and Defenders sought to…

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Power shift in Professional Indemnity market

In recent years insurance brokers working in the construction Professional Indemnity (PI) market have been used to conveying to their clients the buying power they held in a “soft market” due to the…

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