Our articles are written by experts in their field and include barristers, solicitors, judges, mediators, academics and professionals from a range of related disciplines. Family Law provides a platform for debate for all the important topics, from divorce and care proceedings to transparency and access to justice. If you would like to contribute please email editor@familylaw.co.uk.
Spotlight
A day in the life Of...
Rebecca Delaney
Rebecca Delaney
Director & Partner
Read on
With UK inflation now below zero - it’s time to check your divorce court order on maintenance
Date:19 MAY 2015
Third slide
Partner
On 19 May 2015, the Office of National Statistics (ONS) announced that the Consumer Price Index (CPI) turned negative (to -0.1%) for the first time since 1960.

Whilst the Bank of England and the Chancellor both say this is only temporary, for all divorce clients who have maintenance which is index linked, it is worth checking the exact terms of the court order.

Many solicitors will draft for positive changes only, ie this new development won't change any existing payments. However, if the drafting provides for 'variation by the rate of CPI' then the payers will be paying less, and the payees receiving less. Court orders give a specific month in the year for adjustment, so this only applies to orders where the variation is fixed to change using April 2015 figures.

Consumer prices in the shops may come down, and this is expected to drive economic growth.

CPI does not include the cost of housing, which is a major cost in household budgets.
DIY Divorce and Separation
DIY Divorce and Separation
If you are looking to represent yourself in court...
£16.99
Categories:
News