Law Weblog

Page v Plymouth Hospitals NHS Trust [2004] QBD

Monday 24 May 2004 at 11:48 pm | In News | Post Comment

[Tort – damages and compensation – investment costs are not a separate head of damages]
C suffered from cerebral palsy as a result of the negligence of the defendant health authority. Damages were in excess of £2 million. C argued that because the Lord Chancellor has fixed the rate of 2.5% as the return to be expected from the investment of an award of damages for future losses, he would incur investment costs.

Held: C could not recover the costs of investment advice and fund management charges. Investment costs were an annual cost to be regarded as part of the multiplicand.

D won