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Economic Analysis

We have carried out a number of economic evaluations using an assessment methodology that is:

  • Robust and transparent: All models use a set of assumptions. We ensure that these assumptions are accessible so they can be challenged and adjusted when new information comes to light.
  • Consistent: The main requirement of any study is to provide a set of estimates that have been compiled with a consistent methodology; for example, with regional economic estimates as defined by the Office of National Statistics.
  • Flexible: All models allow for easy updates and adjustments to take account of new data and specific local circumstances. This enables alternative scenarios to be run.

We also carry out macroeconomic forecasting. In a recent engagement, we estimated consumer demand for a premium product, using publicly available data and the latest econometric methods.