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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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Evidence from trials conducted by Heathrow and major airlines shows that a COVID-19 testing regime would help international travel to restart sooner

The study is the first independent analysis of real-world UK airport data collected from 71,000 tests using data from airline trials and testing at Heathrow over the last six monthsThe real-world findings from the airline trials involving American Airlines, British Airways, United Airlines and Virgin Atlantic indicate that 74% of… Read More

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