Tag Archives: UK

Single Digital Gateway: How EU Could Meet Expectations of Citizens and Businesses? – March 2018

Sector:Public Policy
Client:european-commission
Published: March, 2018
Document type:Briefing

A briefing by Dr Charlotte Duke for the European Commission on behalf of the Internal Market and Consumer Protection Committee on the European Commission’s proposed regulation for a Single Digital Gateway.

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The Costs of Amending Student Support Arrangements – February 2018

Sector:Education
Client:london-economics-publication
Published: February, 2018
Document type:LE publication

With the potential review of higher education approaching, LE Europe have modelled the costs to the Exchequer associated with a reduction in tuition fees to £6,000 and the re-introduction of maintenance grants. The analysis demonstrates that the cost of cutting fees stands at £1.169 billion per cohort, while maintenance grants cost £360 million. Importantly, despite […]

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Estimating the Costs Associated with the Student Support Offer – February 2018

Sector:Education
Client:london-economics-publication
Published: February, 2018
Document type:LE publication

With the potential review of higher education approaching, LE Europe have undertaken further modelling of the costs to the Exchequer associated with amending the interest charged on student loans, as well as the abolition of tuition fees. The analysis demonstrates that charging a 0% real rate of interest during study would cost the Exchequer £230 million per […]

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Research into the Experiences and Effectiveness of Solicitors’ First Tier Complaints Handling Processes – January 2018

Sector:Behavioural
Client:solicitors-regulation-authority-sra
Published: January, 2018
Document type:Report

The Solicitors Regulation Authority (SRA) and Legal Ombudsman jointly commissioned LE Europe and YouGov to undertake research into solicitors’ handling of first tier complaints. The study used a consumer survey, a survey of firms and depth interviews with firms and consumers, to understand consumers’ and solicitors’ experiences of the complaints process. The research identified recommended […]

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The Costs and Benefits of International Students by Parliamentary Constituency – January 2018

Sector:Education
Client:hepikaplan
Published: January, 2018
Document type:Report

Given the continuing political debate about the inclusion of international students in UK migration targets, and the limited number of analyses of their net economic impact to date, LE Europe were commissioned by the Higher Education Policy Institute (HEPI) and Kaplan International Pathways to undertake a detailed analysis of both the benefits and costs to […]

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Statistical Background Information for the Independent Review of the Funding of Debt Advice in England, Wales, Scotland and Northern Ireland – January 2018

Sector:Education
Client:independent-review-funding-debt-advice-england-wales-scotland-northern-ireland
Published: January, 2018
Document type:Report

LE Europe was commissioned by the Independent Review of the Funding of Debt Advice in England, Wales, Scotland and Northern Ireland to provide an extensive statistical background document describing development of household debt at both a macro and micro level, the problems that high debt levels cause for individuals and households, the supply of debt […]

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Consumer Behaviour Research – December 2017

Sector:Education
Client:the-law-society
Published: December, 2017
Document type:Report

The Law Society commissioned LE Europe to undertake behavioural economic research into how consumers search for legal services. The study used a behavioural experiment, focus groups and depth interviews to investigate how consumers access, assess and act on information. The research helped the Law Society to better understand the most useful information that solicitors can […]

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The Economic Impact of Russell Group Universities – November 2017

Sector:Education
Client:the-russell-group
Published: November, 2017
Document type:Report

LE Europe were commissioned by the Russell Group to undertake an analysis of the economic contribution of their 24 members universities to the UK economy in 2015-16. The analysis estimated the impact associated with Teaching and Learning activity (here), world-class research (here), educational exports (here) and the direct, indirect and induced impact associated with the […]

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Reforming Student Finance to Increase Fairness and Widen Access – November 2017

Sector:Education
Client:the-sutton-trust
Published: November, 2017
Document type:Report

LE Europe was commissioned by the Sutton Trust to analyse the cost to graduates, higher education institutions and the Exchequer associated with a range of student support scenarios, including combinations of: means-tested tuition fees based on household income; the re-introduction of maintenance grants to 2015/16 levels before their abolition; and changes to the interest rates […]

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Economic Impact Evaluation of the Enterprise Finance Guarantee (EFG) Scheme – November 2017

Sector:Education
Client:british-business-bank
Published: November, 2017
Document type:Report

LE Europe was commissioned by the British Business Bank to evaluate the Enterprise Finance Guarantee (EFG) scheme. The evaluation estimated the economic impact created by the EFG scheme, and provided a detailed cost benefit analysis which established the economic gains of the scheme to the UK economy. The main analysis was complemented by a survey […]

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The Economic, Social and Cultural Impact of the University of Birmingham – March 2017

Sector:Education
Client:university-of-birmingham
Published: March, 2017
Document type:Report

LE Europe were commissioned by the University of Birmingham to undertake an analysis of the university’s economic, social and cultural impact. The study considered the economic impact of teaching and learning, research activities, educational exports, as well as the direct, indirect and induced impact generated by the university and its students throughout the local, regional […]

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Consumer Vulnerability Across Key Markets in the EU: Animated Infographic – November 2016

Sector:Education
Client:consumer-vulnerability-across-key-markets-in-the-eu-animated-infographic-november-2016
Published: November, 2016
Document type:Presentation

Following the publication of LE Europes’ study into consumer vulnerability across the EU for DG Justice and Consumers, the European Commission has released an animated infographic which presents the key findings of the study, including the varying impact of vulnerability drivers across key markets.

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Understanding Consumer Vulnerability in the EU’s Key Markets – February 2016

Sector:Education
Client:understanding-consumer-vulnerability-in-the-eus-key-markets-february-2016
Published: February, 2016
Document type:Report

This study for the European Commission provides a new definition of vulnerable consumers, a new methodology for measuring consumer vulnerability and new insights into the actual patterns of consumer vulnerability. The large scale study employed stakeholder consultations, consumer surveys, focus groups and behavioural experiments across the EU28 plus Iceland and Norway

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The Earnings and Employment Returns to A Levels – March 2015

Sector:Education
Client:Department for Education
Published: March, 2015
Document type:Report

LE Europe were commissioned by the Department for Education to analyse the returns to A levels. The core results indicated that compared to GCSEs/O levels, there are strong positive wage returns to A levels – irrespective of whether the individual goes on to complete further or higher qualifications. The full report is available here.

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Reaching Higher: Reforming Student Loans to Broaden Access to Postgraduate Study – October 2014

Sector:Education
Client:Institute for Public Policy Research
Published: October, 2014
Document type:Report

LE Europe were commissioned by the Institute for Public Policy Research (IPPR) to model the costs to the Exchequer associated with the introduction of a loan scheme for postgraduate students.

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Direct and Indirect Regulatory Costs Faced by UK Insurance Brokers – May 2014

Sector:Education
Client:British Insurance Brokers’ Association
Published: May, 2014
Document type:Report

The study for the British Insurance Brokers’ Association (BIBA) quantifies direct regulatory costs faced by insurance brokers in 23 different jurisdictions and shows that such costs are the highest the UK and that regulatory fees and levies in the UK are more than five times those in New York, Japan, France and Germany. The research […]

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An International Comparison of Apprentice Pay

Sector:Education
Client:Low Pay Commission
Published: March, 2014
Document type:Report

LE Europe were commissioned by the Low Pay Commission to undertake an investigation of the level of apprenticeship pay across fourteen countries. Covering a range of countries with different educational and apprenticeship systems, the main focus of the analysis relates to the assessment of apprentice pay (adjusted for price differences across countries) as a proportion […]

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General Insurance Add-ons: Experimental Consumer Research Report

Sector:Education
Client:Financial Conduct Authority
Published: March, 2014
Document type:Report

Behavioural experiment by LE Europe which formed part of the FCA’s Add-on Insurance Market Study. The experiment with 1,500 UK residents tested for common patterns of consumer behaviour that arise due to add-on insurance mechanisms and assessed how insurance add-ons may lead to poor outcomes for consumers in these markets.

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Financial Conduct Authority Practical Use of Behavioural Experiments in Financial Regulation – March 2014

Sector:Public Policy
Client:Financial Conduct Authority
Published: March, 2014
Document type:

The Financial Conduct Authority finds that behavioural experiments have an important role to play in financial regulation, and often provide insights into the ways markets work that may not be possible otherwise. Download the paper on the practical application of behavioural experiments in financial regulation jointly authored by LE Europe and the FCA.

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Using Behavioural Experiments to Identify Consumer Problems in Markets: Partitioned Pricing Practices

Sector:Behavioural
Client:Office of Fair Trading
Published: January, 2014
Document type:Presentation

This presentation at the OFT’s Economic Seminar series, considers how behavioural experiments can be used to identify problems consumers can have in markets and details an experiment completed for the OFT on partitioned pricing, the practice of splitting prices into parts. The study identifies that these pricing practices can reduce consumer welfare and lead to […]

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The Economic and Societal Benefits Deriving from the Presence of Hyundai and Kia in Europe (update)

Sector:Competition, Regulation and Business
Client:Hyundai Motor Company
Published: December, 2013
Document type:Report

LE Europe published updated figures on the contribution of Hyundai and Kia to the European economy. The key findings are: Almost 317,000 people owe their jobs to the presence of Hyundai and Kia in the European Union Hyundai and Kia contributed €2.1 billion in taxes and duties to European governments in 2012 The majority of […]

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Impacts of Second Level Domain Registration (SLDR) in the .uk Domain Space

Sector:Competition, Regulation and Business
Client:Nominet
Published: November, 2013
Document type:Report

LE Europe advised Nominet, the UK domain name registry, on the potential direct and indirect impacts of introducing of second-level (“.uk”) domain name registration in the UK. We advised Nominet on impacts as the form of their proposal changed in response to inputs from stakeholders. We used existing data and evidence sources to qualitatively describe […]

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Partitioned Pricing Research: A Behavioural Experiment – August 2013

Sector:Competition, Regulation and Business
Client:partitioned-pricing-research-a-behavioural-experiment-august-2013
Published: August, 2013
Document type:

LE Europe was commissioned by the Office of Fair Trading to undertake a behavioural economics study into how partitioned pricing, which is the practice of splitting the price of a good or service into multiple components, affects consumer decision making. The study builds upon earlier research by LE Europe for the OFT on the impact […]

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The Impact of the EU Financial Transactions Tax on the Real Economy – Analysis of the Impact on Corporate and Sovereign Bonds

Sector:Finance
Client:City of London Corporation
Published: April, 2013
Document type:staff publication

This Financial services and capital markets briefs highlights the significance of the proposed EU financial transactions tax (FTT) to the real economy. The FTT rates are small – 0.1% on equities and bonds and 0.01% on derivatives. However, the associated total tax burden may be significant through a number‐of‐transactions effect (as securities are traded frequently) […]

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The Impact of a Financial Transaction Tax on Corporate and Sovereign Debt

Sector:Finance
Client:City of London Corporation
Published: April, 2013
Document type:Report

Commissioned on behalf of the International Regulatory Strategy Group and authored by LE Europe, this paper examines the impact of the European Commission’s proposed financial transaction tax (FTT) on corporate and sovereign debt markets. The research quantifies the additional cost the FTT is likely to impose on corporates and sovereigns using debt security markets to […]

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Potential Impacts of Stamp Price Increases: Consumer Research

Sector:Public Policy
Client:Consumer Focus
Published: February, 2012
Document type:Report

Consumer Focus has published the report by LE Europe “Potential impacts of stamp price increases: Consumer research”. The study examines how consumers might react to stamp price increases in the context of potential rises following Ofcom’s Royal Mail price control, using an online choice experiment methodology. In particular, we analyse the extent to which consumers […]

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Estimating the Value of Lost Load (VoLL)

Sector:Public Policy
Client:Ofgem
Published: November, 2011
Document type:Report

This report for Ofgem estimates the Value of Lost Load (VoLL) for domestic and SME, industrial and commercial (I&C), and electricity producing gas consumers. VoLL represents the value that gas users attribute to security of gas supply and the estimates could be used to provide a price signal about the adequate level of security of […]

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Consumer Information on Broadband Speed and Net Neutrality Experiment

Sector:Public Policy
Client:Ofcom
Published: November, 2011
Document type:Report

Ofcom has published the report by LE Europe “Consumer information on Broadband Net Neutrality”. This study uses an economic experiment and behavioural economics to test the impact on consumers’ internet package choice of how information about packages is presented. Participants in the experiment were faced with different information frames, including the use of colour coding […]

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Review of Company Surveys of Consumer Willingness to Pay to Reduce the Impacts of Transmission Infrastructure on Visual Amenity

Sector:Public Policy
Client:Ofgem
Published: October, 2011
Document type:Report

In the context of potential measures to reduce the visual amenity impacts of existing transmission infrastructure, this LE Europe study for Ofgem provides a critical review of willingness to pay evidence provided to Ofgem by the transmission operators. The first step of the review involved determining a current best practice model for WTP studies assessing […]

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Small Business Cost of Capital

Sector:Competition, Regulation and Business
Client:Association of Independent Gas Transporters
Published: October, 2010
Document type:Report

This report estimates the cost of capital for small independent gas transport (IGT)companies. The report was submitted to Ofgem as part of their consultation on the cost of capital for the legacy IGT sector in the UK as part of their normal 5-year review. LE Europe has estimated the weighted-average cost of capital (WACC) for […]

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Innovation in the Water Industry in England and Wales

Sector:Competition, Regulation and Business
Client:Department for the Environment and Rural Affairs
Published: February, 2009
Document type:Report

As part of the independent Cave Review of competition and innovation in water markets, LE Europe undertook a benchmarking exercise of innovation across all water and sewerage companies in England and Wales. The work also provides international comparisons of innovation,, and assesses the barriers to innovation and how these may be addressed.  

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