This report considers the investability of the water sector in England and Wales, in light of Ofwat’s recent PR24 Draft Determinations and the wider market for infrastructure investment. Oxera’s report has been informed by a detailed analysis of Ofwat’s proposals, as well as direct engagement with over 30 major investors… Read More
Oxera recently supported GO Malta in its engagement with the Malta Communications Authority (MCA)’s consultation on the regulation of wholesale access services for fixed broadband in Malta. The Maltese market features two main network operators—GO and Melita—with a third operator, Epic, recently entering the market. The MCA’s market review consultation… Read More
The Institute of Biomedical Science (‘IBMS’) commissioned Oxera to assess the economic impact of the activities of Biomedical Scientists, with particular emphasis on their contributions within the bowel cancer patient pathway in England. As Health and Care Professions Council (‘HCPC’) registrant professionals, Biomedical Scientists play a key role within the… Read More
Health inequalities are unfair and avoidable differences in health across the population in England. They are to a large extent driven by individuals’ differences in socio-economic circumstances, such as levels of income, employment, education and exposure to crime and are measured by deprivation. High levels of deprivation can have wide-ranging… Read More
Generative Artificial Intelligence (AI) models have recently been garnering the attention of the public and policymakers alike, and how best to regulate foundation models (and AI more generally) is subject of widespread debate. This report prepared for Meta contributes to the debate regarding AI policy and regulation in two main… Read More
On 14 March 2023, the European Commission published its proposals for reform of the electricity market design. This followed a period of prolonged high electricity and gas prices, during which several stakeholders highlighted the challenges of the current market design, advocating for changes to the current arrangements. More recently, the… Read More
As part of its proposals for reform of the electricity market design, the Commission has proposed that any low-carbon generation that requires financial support from governments should be supported by two-way Contracts for Difference (CfDs) or other mechanisms that provide, in addition to a revenue guarantee, an upper limit on… Read More
Open Banking in the UK has been a qualified success to date. It is used by 7m consumers and businesses and 68m Open Banking payments were made in 2022. However, this success must be kept in perspective. These users only account for around 10% of the UK’s adult population and… Read More
Finding a new job is hard; so is finding the right employee to fill a vacancy. This can limit how much firms and employees are able to grow, both commercially and professionally. There are many causes, ranging from the fact that the job-finding process can be highly individualised to the… Read More
The Prudential Regulation Authority (PRA) is in the process of reviewing risk weights on banks’ assets. Allica Bank commissioned Oxera to review the PRA’s proposals, particularly as they are likely to affect Allica’s, and various other banks’ core activity, SME lending. SME finance is important for the general health of the… Read More
