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19 September 2025 / Stephen Gold
Issue: 8131 / Categories: Features , Procedure & practice , Civil way
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Civil way: 19 September 2025

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Specials interest down; LPAs to cost more; canapes in Supreme Court; £24ph for LiPs

LAWBITES

Interest jerk The Bank of England base rate does not change without movement of the Court Funds Office’s (CFO) special account rate. That makes life tough for the sucker you charge with the job of calculating interest on personal injury specials. The latest base rate change means that as from 20 August 2025 the special account rate has dropped from 4.25% to 4.00%. The CFO basic rate was also down from 3.19% to 3.00%. If the sucker is not up to the job, see ‘Civil way’, NLJ, 17 January 2025, p15.

Bloody hell ‘This House Believes that Matrimonialisation is a Load of B……s’. That is the motion to be debated later in the day of the Financial Remedies Conference on 16 October 2025. By then the earlier chair Mr Justice Peel and speaker Sir Nicholas Mostyn may have been handed a redacted programme and be safely out of the building.

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NEWS
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NLJ this week: Company conspiracy clarified
A sole director can conspire with their own company for the purposes of the tort of unlawful means conspiracy, the High Court has ruled in a judgment with potentially wide implications for business disputes
NLJ this week: Home is where intent lies
The Court of Appeal has reinforced that domicile depends on intention rather than residence alone, in a significant post-Brexit ruling on cross-border financial remedy claims
NLJ this week: Farewell to Chancery
The Chancery Division's long history comes to an end this autumn as it is reborn as the Business and Property Division, prompting questions over whether the shake-up is really necessary
NLJ this week: Silence carries a price
The Financial Conduct Authority (FCA) continues to show that failing to disclose regulatory issues can attract harsher consequences than the original misconduct itself
NLJ this week: Costs sting after a courtroom gamble
Rejecting a generous settlement can prove an expensive mistake, as two recent high-profile cases demonstrate
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