In July, the discount rate — a figure used to help calculate lump sum compensation payments for high value personal injury claims — in England was set at -0.25%.
The Scottish Government has now decided that the discount rate in Scotland should remain unchanged at -0.75%
The rate's purpose is to offset factors such as inflation, taxation and investment returns that impact on the adequacy of compensation awards for future losses and expenses.
The decision not to increase the rate may result in the Scottish courts being the preferred route for injured persons, and the fear is that this will lead to delays and higher costs.
“The lower Scottish rate means that Scottish claimants will receive higher compensation payments.