The UK government has announced a major change to how compensation payouts for serious injuries are calculated. Starting 11 January 2025, the Personal Injury Discount Rate (PIDR) will increase from -0.25% to 0.5%. This decision, made after a 2024 review, affects injured individuals, lawyers, and insurers. Understand what this means, why it matters, and how to adapt! Syed Raza Mehdi…