Bath Racecourse: Supreme Court decision Furlough payments and benefits received from third parties

15 May 2026

The Supreme Court has confirmed in Bath Racecourse Company Limited v Liberty Mutual Insurance Europe SE [2026] UKSC 14 that furlough payments are to be deducted from insurance recoveries for Covid-19 business interruption losses. In doing so, the Supreme Court addressed a point of wider relevance: the circumstances in which a benefit received from a third party should be taken into account when quantifying an insurance claim.

Download PDF