30.01.15 – Insights

Our latest batch of Insights is now available for download from the publications section of our website.  In Better the devil you know we explore how framing of known and unknown risks shapes individual choice and policy.  In Experimental economics – scattergun or science?, we describe what experiments are and highlight some of the key issues in their use.  Finally, in Market…

12.12.14 – Revenue boost for the water industry

Economic Insight secures an additional £36.4m of revenues for the water industry.  Ofwat today published its Final Price Determinations for water and sewerage companies in England and Wales.  In the new price limits Ofwat accepted claims for retail cost inflation for four companies: Bristol, Portsmouth, Wessex and Yorkshire, all of whom were advised by Economic…

26.09.14 – Report for Ofwat

As part of the new regulatory framework for PR14, Ofwat has removed the automatic link between prices and inflation for the retail price controls.  Whilst a number of water companies made cost adjustment claims relating to retail inflation as part of their Business Plans, only Yorkshire Water was successful in Ofwat’s Draft Determinations.  Today Ofwat has…

29.08.14 – Ofwat Draft Price Determinations

Ofwat publishes draft price determinations.  Ofwat has today published the draft PR14 price controls for water and sewerage companies in England and Wales.  Within the determinations, the regulator has decided to allow Yorkshire Water’s claim for input price pressure in its retail business, having previously taken the position that it would not allow for retail inflationary pressure.  Economic Insight…

25.08.14 – UK Mobile Industry Savings

Economic Insight’s analysis helps save UK mobile industry £62m a year.  Ofcom’s latest proposals in relation to the setting of the license fees for 1800 and 900 MHZ spectrum translate to an annual saving to the operators of £62m relative to its original proposals.  A key driver of the reduction is Ofcom’s proposal to use a…

18.08.14 – Ofwat Pricing Guidance

Ofwat has today written to water companies in England and Wales regarding the approach to setting access prices in future.  In particular, Ofwat’s guidance is that companies should consider migrating away from a retail minus’ approach to a wholesale charging methodology.  Economic Insight has advised a number of water companies regarding the setting of retail and wholesale…