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…

01.08.14 – Ofcom Consultation

Ofcom has today published an additional consultation on revising annual licence fees for the 900 MHz and 1800 MHz spectrum bands.  These two bands are used by mobile network operators for 2G and 3G, including voice calls and some 4G services.  Ofcom’s latest proposals refelct a range of expert evidence provided by respondents in the consultations to…

29.07.14 – HM Treasury

HM Treasury has today published its final decision regarding the provision of tax-free childcare vouchers.  Economic Insight advised the Treasury on this matter and our report, which assesses alternative market models for providing childcare vouchers has been published by the Treasury alongside its final decision (see the publications section of our website for details).

10.06.14 – Ofcom Consultation Responses

Ofcom has today published the responses to its consultation regarding the appropriate inflation measure to use when determining the annual license fees for 3G spectrum.  Economic Insight advised Hutchison Three on this matter – and our previous analysis for them was key to prompting Ofcom to consider a CPI, rather than RPI, approach.  The full…