Portrait of Dr Rupert Booth

Dr Rupert Booth : Senior Adviser

Rupert is a pragmatic and widely qualified economist and chartered engineer, with global experience of economic analysis and financial appraisal. He has worked for many of the world’s leading consulting and engineering firms, in the UK and overseas. He is a Chartered Financial Analyst and has Masters’ degrees in competition economics (MA) and law (LLM).

He is also a qualified Better Business Case Practitioner and is a Certified Public–Private Partnerships Professional. His PhD from Warwick Business School focused on the correlation of mergers and acquisitions in the pharmaceutical sector with firms’ comparative efficiency, as measured by Data Envelopment Analysis.

Rupert speaks English.

Tel: +44 (0) 1865 253224

Rupert's specialisms include:

professional experience

  • Affinity Water. Advice on possible challenges to the enhancement cases within the PR24 business plan (2024)

  • Scottish Southern Electricity. Advice on treatments of ongoing efficiency during RIIO-T3 and possible alternative treatments based upon learning curves (2024)

  • National Highways. Assisting the Lower Thames Crossing (LTC) directorate in undertaking analysis to test the risks that would emerge in relation to the Dartford Crossings, if the LTC were delayed. These risks include non-availability of one or more of the existing Crossings, with consequences for road users and the wider economy (2023)

  • South West Water. Ongoing advice during the PR24 price review, with emphasis on the preparation of Cost Adjustment Claims, Ongoing Efficiency and Real Price Effects (2023)

  • Mastercard. Advice on cost allocation principles for the calculation of the segment profitability of payment systems (2023)

  • Transbank. Audit of a cost allocation model for a payment system to confirm its adherence to the principles of cost reflexivity and competition regulations (2023)


  • Booth, R.J. (2023), ‘Contemporary infrastructure business cases: assessing impact in the round’, Agenda, May

  • Booth, R.J. (2023), ‘Undertaking capital projects: linking risk and return’, Agenda, February

  • Booth, R.J. (2023), ‘Undertaking capital projects: linking risk and return’, Agenda, February

  • Booth, R.J. (2022), ‘Adaptive planning for pathways through uncertainty: from theory to practice’, Agenda, November

  • Booth, R.J. (2021), ‘Investment appraisal in the round: why MCA?’, Agenda, February.

  • Booth, R.J. (2021), ‘Setting Fair, Reasonable & Non-Discriminatory Royalty Rates in the Biopharmaceutical Sector’, Advantox.


  • PhD, Warwick Business School, UK

  • MA Economics, Kings College London, UK

  • Master of Laws (Commercial and corporate law), University of London, UK

  • Certified Public Private Partnership Professional, APMG

  • Envision Sustainability Professional, via the Institute for Sustainable Infrastructure

  • Lean Six Sigma Black Belt, Acuity Institute

Latest Insights:  Dr Rupert Booth

9 minute read
A vital aspect of the design of regulated markets is the definition of tariff structures. There are many influences on this, with potentially conflicting pressures, and as a result there…
7 minute read
Budgets for capital projects are coming under pressure as funding is not being maintained in real price terms. The response from portfolio managers has been to cancel or postpone future…
4 minute read
Ofgem published its Sector Specific Methodology Consultation (SSMC) for the RIIO-3 price control in December 2023. Over the past three months, networks have been engaging with Ofgem to prepare their…
6 minute read
Recent developments in infrastructure business cases reflect a complex and volatile environment. Writing infrastructure business cases now comes with new challenges—but how can we tackle these challenges in such a…

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