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The insurers, Mitsui Sumitomo Insurance Group, made a claim under section 2 of the Riot (Damages) Act 1886 but a dispute arose surrounding the quantification of loss. The MOPC argued that compensation should only extend to the physical damage whereas the insurers argued that it should also include consequential damages .
it should be extended to cover other types of property such as motor vehicles; it should be based on the replacement value of the property damaged, but not include any consequential loss; [a] the Home Office should work with the insurance industry to improve claims administration; and; interim payments should be made available with respect to ...
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Hadley & Anor v Baxendale & Ors [1854] EWHC J70 is a leading English contract law case. It sets the leading rule to determine consequential damages from a breach of contract: a breaching party is liable for all losses that the contracting parties should have foreseen.
It is designed to compensate the victim for their actual loss as a result of the wrongdoer’s breach rather than to punish the wrongdoer. If no loss has been occasioned by the plaintiff, only nominal damages will be awarded. A victim will not necessarily recover every loss which flows from the breach by the defendant.
Royal Mail has revealed the cost of strike action in a bitter dispute over pay and conditions has reached around £200 million, helping pushing the business to a hefty operating loss.
Royal Mail also said in its submission that it would change all standard bulk mail – such as bills and statements – to a second class service, meaning they arrive within three weekdays instead ...
🚨 We have fined Royal Mail £5.6m for failing to meet its 2022/23 delivery targets by a significant and unexplained margin. Delays caused considerable harm to customers, and we found ...