Entrance to the Supreme Court of the United Kingdom. Credit: lazyllama/Adobe Stock Think Tank Blames Litigation Funding for Harming UK 'Business Confidence'
The Adam Smith Institute states on its website that it aims 'to promote free market, neoliberal ideas through research, publishing, media outreach, and education'.
October 28, 2024 at 08:21 AM
4 minute read
A free market U.K. think tank has argued the country's class action expansion is "beginning to damage business confidence".
The Adam Smith Institute argued that a "class action explosion" has undermined "trust in the UK's legal system for businesses and individuals alike", in its latest report, and urged tighter regulation of third-party litigation funding.
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