In a climate of economic uncertainty, fiscal constraints and competing priorities for public funding, our public sector clients face a wide range of policy and strategy choices. This requires robust economic analysis to assess the market and rationales for intervention, appraise options for policy and investment to maximise impact and value, and to monitor and evaluate existing projects and programmes.
With our in-house modelling capabilities, suite of economic models, and policy and appraisal expertise we work with policy makers and businesses across a breadth of public policy areas, deploying our economic expertise to provide analysis and advice through the policy making cycle.
We have worked with clients across a breath of areas, including:
- Designing overarching economic strategies and targeted policies focussed on specific issues/ policy. This includes conducting detailed market assessments, identifying and developing strategic and policy options and conducting detailed appraisals.
- Conducting options appraisal of policy, tax and regulatory proposals, including multi-criteria decision analysis, cost benefit analysis and cost-effectiveness assessments in line with the HM Treasury Green Book and wider relevant guidance.
- Undertaking value for money assessments, including as part of economic appraisals and evaluations.
- Green Book business case development across a range of policy areas and providing support to clients through funding approval processes.
- Impact, process and economic evaluations, using a range of approaches (theory based and quasi- experimental) to produce independent ex-post assessments of projects and programmes.
- Development of monitoring and evaluation plans and benefit realisation strategies, including development of bespoke dashboards and tools to track performance.
Our team brings together experienced economists, researchers, evaluation experts and sector specialists to help deliver the best outcomes for our clients.