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The social discount rate (SDR) is a crucial component of the UK government’s approach to project and policy appraisal. Government guidance has stipulated the same SDR (3.5%) since 2003. In…
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At the time of writing this note, the health crisis caused by the COVID-19 pandemic has severely affected a number of EU Member States. In addition to the severe impact…

2014: a regulation odyssey

With the latest set of price control determinations for GB electricity distribution companies, NATS (en route services), England and Wales water companies, and (separately) Scottish Water due before the end of 2014, the current UK regulatory cycle is drawing to a close. What trends have emerged from the latest round… Read More

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