interest

A client recently asked me my view as to the impact of the current upsurge in inflation on cost matters. These are my initial thoughts: Interest on unpaid costs currently runs at 8%. When the Bank of England base rate was very low, and inflation was very low, this 8% return on unpaid costs was […]

I have already written about the case of Marbrow v Sharpes Garden Services Ltd [2020] EWHC B26 (Costs) (10 July 2020) where the Senior Costs Judge Master Gordon-Saker declined the Claimant’s invitation to award pre-judgment interest on costs. He also declined my invitation, on behalf of the Defendant paying party, to only allow interest from