HT-2020-000448 - [2024] EWHC 2025 (TCC)

TCS is entitled to an interim costs order. I have only the headline figure of £18m. This compares with £12m incurred by DBS, although Mr Cogley may be right that the relative difference may be accounted for at least in part by the distinction between government and commercial rates. Irrespective of this point, in light of the eventual recovery, there may be forceful points made on assessment, if that occurs, as regards proportionality. The merit of such points is a matter for others, but I cannot assume that they will not be successful.

In light of the percentage recovery permitted, I consider that the appropriate sum for an interim payment is £2m.