Tag Archives: Public Policy

The Economic Impact of Higher Education Teaching, Research, and Innovation

Sector:	Education and Labour Markets.
Client:	Universities UK
Published:	05 September, 2024

London Economics were commissioned to assess the impact of the UK higher education sector’s teaching, research, and innovation activities on the UK economy, focusing on the 2021-22 academic year. This analysis builds upon our previous analyses of the economic impact of the UK higher education sector in 2021-22, in relation to the sector’s institutional expenditures […]

Updated Constituency-level Data on the Benefits and Costs of International Students

Sector:	Education and Labour Markets.
Client:	Higher Education Policy Institute and Kaplan International Pathways
Published:	20 June, 2024

London Economics were commissioned by the Higher Education Policy Institute (HEPI) and Kaplan International Pathways to assess the benefits and costs of international higher education (HE) students to the UK economy in 2021-22 based on the new UK parliamentary constituency boundaries, building on our previous work which used the previous boundaries (see here). The new […]

General Election Briefings: Examination of General Election Manifesto Commitments on Higher Education Fees and Funding

Sector:	Education and Labour Markets.
Client:	Nuffield Foundation
Published:	25 June, 2024

Funded by the Nuffield Foundation, London Economics are undertaking a range of in-depth analyses in relation to higher education fees and funding arrangements across the four Home Nations of the UK, ahead of the next General Election. Following our earlier in-depth analyses of higher education fees and funding across the UK (available here), this report […]

The Economic, Social and Cultural Impact of the University of Birmingham

Sector:	Education and Labour Markets.
Client:	University of Birmingham
Published:	June, 2024

London Economics were commissioned to assess the economic, social and cultural impact of the University of Birmingham to the United Kingdom. The total economic impact on the UK economy associated with the University of Birmingham’s activities in the 2021-22 academic year was estimated at approximately £4.4 billion. Of this total: The University of Birmingham’s research […]

The Exchequer Benefits and Costs Associated with the Graduate Route Visa – May 2024

Sector:	Education and Labour Markets.
Client:	Higher Education Policy Institute, Kaplan International Pathway, and National Union of Students
Published:	7 May, 2024

In the context of the ongoing rapid review of the Graduate Route visa by the Migration Advisory Committee (MAC), due to report its findings by 14th May 2024, and the significant political debate on restrictions on the number of international students and graduates (and their dependants) in the UK, London Economics was commissioned by the […]

Assessing the Costs of Removing Undergraduate Tuition Fees Across the UK

Sector:	Education and Labour Markets.
Client:	University and College Union
Published:	10 May, 2024

London Economics were commissioned by the University and College Union to assess the impact on the Exchequer, students/graduates, and higher education institutions of introducing free tuition fees for undergraduate students across the UK. This involves the removal of fees for all UK domiciled students studying anywhere in the UK, and a corresponding increase in public […]

Forecasting the Potential Exchequer Cost of the English Higher Education Funding System

Sector:	Education and Labour Markets.
Client:	Association of Colleges
Published:	9 April, 2024

The recent reforms to student loan repayment terms implemented in response to the Augar Review are expected to result in a large decline in the net Exchequer cost of the English higher education funding system (e.g. see our analysis on behalf of the Nuffield Foundation here). However, in spite of these reforms, the Government’s costs […]

How Should Undergraduate Fees Be Funded? Analysis of Policy Proposals for the Higher Education Policy Institute

Sector:	Education and Labour Markets.
Client:	Higher Education Policy Institute
Published:	11 April, 2024

As part of its new collection of essays on the funding of undergraduate degrees in the UK, we were commissioned by the Higher Education Policy Institute (HEPI) to assess the implications of five different proposals for reforming the higher education funding system, including four proposals for England and one for Scotland. Specifically, in addition to […]

Investigating the Impact of the Apprenticeship Levy on Training Outcomes

Sector:	Education and Labour Markets.
Client:	Association of Colleges
Published:	9 April, 2024

Download this document The Apprenticeship Levy came into effect in April 2017 and it is set at a rate of 0.5% of an employer’s pay bill for employers with annual pay bill in excess of £3 million. Employers paying the Levy in England can spend the funds on Apprenticeship training within 24 months and are […]

Reforming Student Maintenance: Assessing Options for Increasing Higher Education Maintenance Support in England

Sector:	Education and Labour Markets.
Client:	The Sutton Trust
Published:	21 March, 2024

As part of a General Election policy briefing looking into the student maintenance system, London Economics were commissioned by the Sutton Trust to assess the implications of a range of different options for increasing maintenance support under the English higher education funding system. While the tuition fee system has received much political and media attention […]

General Election Briefings: Examination of Higher Education Fees and Funding Across the UK – February 2024

Sector:	Education and Labour Markets.
Client:	Nuffield Foundation
Published:	6 February, 2024

Funded by the Nuffield Foundation, London Economics are undertaking a range of in-depth analyses in relation to higher education fees and funding arrangements across the four Home Nations of the UK, ahead of the next General Election. Building on more than a decade of our research on higher education funding systems across the four Home […]

Access to Cash: Costs to Consumers and SMEs of a Loss of Access to In-person Cash and Banking Services

Sector:	Consumer markets and protection.
Client:	Financial Conduct Authority
Published:	6 February, 2024

London Economics led this study for the FCA to estimate the costs to consumers and SMEs from loss of access to cash and in-person banking services. The research explored how consumers and SMEs currently use these services and how they would behave if they lost access to these services. It identified that access to these […]

The Economic Impact of the Russell Group Universities’ R&D Activities

Sector:	Education and Labour Markets.
Client:	The Russell Group
Published:	28 February, 2024

London Economics were commissioned to assess the economic impact of research and commercialisation activities undertaken by the 24 Russell Group universities on the UK economy. Our analysis estimates that the total economic impact of the Russell Group’s core research and commercialisation activities in 2021/22 was approximately £37.6 billion. In terms of the components of this […]

Cancer Research at Glasgow: The Economic Impact of the Cancer Research UK Scotland Institute and the University of Glasgow’s School of Cancer Sciences

Sector:	Education and Labour Markets.
Client:	University of Glasgow
Published:	18 March, 2024

London Economics were commissioned to assess the economic impact of the Cancer Research UK Scotland Institute (formerly Beatson Institute) and the University of Glasgow’s School of Cancer Sciences in the United Kingdom. The total economic impact on the UK economy associated with the CRUK Scotland Institute’s and the School of Cancer Sciences’ activities in 2021-22 […]

The Funding Shortfall in Sixth Form Education – January 2024

Sector:	Education and Labour Markets.
Client:	Sixth Form Colleges Association
Published:	26 January, 2024

Download this document London Economics were commissioned by the Sixth Form Colleges Association to analyse the funding shortfall in sixth form (16-19) education in Sixth Form Colleges, focusing on projected funding needs per learner for the 2025-26 academic year. The key findings are as follows. Compared to current 16-19 funding in 2023-24, by […]

The Economic and Social Impact of Leeds Trinity University

Sector:	Education and Labour Markets.
Client:	Leeds Trinity University
Published:	19th December, 2023

London Economics were commissioned to estimate the economic and social impact of Leeds Trinity University. The key findings were as follows: The total economic impact on the UK economy associated with Leeds Trinity University’s activities in 2021-22 was estimated at £657 million. In terms of the components of this impact, the value of the University’s […]

Women’s Health Economics: Investing in the 51 Per Cent

Sector:	Public Policy.
Client:	N/A
Published:	02 October, 2023

London Economics was commissioned by the NHS Confederation to conduct the data analysis and econometric modelling for a report on women’s health economics in the UK. The study found that for every additional £1 of public investment in obstetrics and gynaecology services per woman in England, there is an estimated return on investment of £11. […]

The Economic and Social Impact of Queen Mary University of London

Sector:	Education and Labour Markets.
Client:	Queen Mary University
Published:	31 October, 2023

London Economics were commissioned to estimate the economic and social impact of Queen Mary. The key findings were as follows: The total economic impact on the UK economy associated with Queen Mary’s activities in the 2021-22 academic year was estimated at approximately £4,401 million. In terms of the components of this impact, the value […]

The Benefits and Costs of International Arts and Design Students to the UK Economy – September 2023

Sector:	Education and Labour Markets.
Client:	University of the Arts London
Published:	12 September, 2023

Given the significance of international students as a source of export revenues and following our recent previous study of the benefits and costs to the UK economy associated with all international students (across all subjects (here)), we were commissioned by the University of the Arts London to estimate the benefits and costs to the UK economy […]

The Economic Impact of the University of Edinburgh – June 2023

Sector:	Education and Labour Markets.
Client:	The University of Edinburgh
Published:	22 June, 2023

The total economic impact on the UK economy associated with the University of Edinburgh’s activities in 2021-22 was estimated at approximately £7.522 billion. In terms of the components of this impact, the value of the University’s research and knowledge exchange activities stood at £3.180 billion (42% of total), while the impact associated with the University’s […]

Alternative Options for Higher Education Fees and Funding for England – May 2023

Sector:	Education and Labour Markets.
Client:	N/A
Published:	3 May, 2023

Following the Augar Review of post-18 education, the Department for Education put forward a set of proposals to reduce the costs of higher education fees and funding in England that included…

The Benefits and Costs of International Higher Education Students to the UK Economy: Analysis for the 2021-22 Cohort – May 2023

Sector:	Education and Labour Markets.
Client:	Higher Education Policy Institute, Universities UK International, and Kaplan International Pathways
Published:	16 May, 2023

Download the Summary Report Download the Full Report With 679,970 international students studying at higher education institutions across the United Kingdom – equivalent to 24% of all higher education students in 2021/22 – international students contribute significantly to our economic and social prosperity, both in the short term during their studies as well as […]

Understanding the Challenges Faced by Fuel Poor Households – May 2023

Sector:	Regulatory economics.
Client:	Committee on Fuel Poverty
Published:	24 May, 2023

London Economics was commissioned by the Committee on Fuel Poverty – an advisory Non-Departmental Public Body sponsored by the Department for Energy Security and Net Zero – to undertake research to better understand the issues faced by fuel poor households and options as to how these issues can be addressed. This study is an important […]

Analysing Loan Forgiveness for Nurses – April 2023

Sector:	Education and Labour Markets.
Client:	Royal College of Nursing
Published:	11 April, 2023

London Economics were commissioned by the Royal College of Nursing to assess the economic costs associated with introducing loan forgiveness for nurses after the Department for Education’s recent proposals following the Augar review of post-18 education. Under the Department’s response to Augar, the reduction in the repayment threshold (and slower uprating) and the extension of […]

The Economic Impact of the University of Cambridge – March 2023

Sector:	Education and Labour Markets.
Client:	University of Cambridge
Published:	20 March, 2023

London Economics was commissioned to assess the economic impact of the University of Cambridge in the United Kingdom, focusing on the 2020-21 academic year. The analysis identified that the total economic impact on the UK economy associated with the University of Cambridge’s activities in 2020-21 was estimated at approximately £29.8 billion. Compared to the University […]

Part and Parcel: The Economic and Social Value of Post Office – February 2023

Sector:	Regulatory economics.
Client:	Post Office
Published:	22 February, 2023

London Economics were commissioned by Post Office to analyse the economic and social value of Post Office. Post Office generated an economic impact of £4.7 billion in 2021/22 throughout the whole of the United Kingdom, with at least £2 million of economic impact originating in every parliamentary constituency. Post Office also supported nearly 50,000 full-time […]

Skills and UK Productivity: Estimating the Contribution of Educational Attainment to Productivity Growth

Sector:	Education and Labour Markets.
Client:	Department for Education
Published:	23 February, 2023

London Economics were commissioned by the Department for Education to investigate the contribution of educational attainment to UK productivity growth. Growth in UK labour productivity has slowed in recent years. We analyse this productivity puzzle by estimating the impact of changes in educational attainment on UK labour productivity (Gross Value Added (GVA) per hour worked) […]

Assessing the Impacts of the Reduction in the Age of Entitlement to the National Living Wage from Age 25 to Age 23

Sector:	Education and Labour Markets.
Client:	Low Pay Commission
Published:	19 January, 2023

London Economics were commissioned by the Low Pay Commission, who recommend changes to the minimum wage to the UK government, to investigate the impact of extending the eligibility to the National Living Wage from those aged 25 and above to include 23- and 24-year-olds in April 2021. The research of the Labour Force Survey and […]

Education and Skills Impact Measurement: The Return on Investment Associated with Post-compulsory Education and Training in Scotland – December 2022

Sector:	Education and Labour Markets.
Client:	Scottish Government Enterprise and Skills Strategic Board
Published:	2 December, 2022

Education, training, and skills acquisition – often referred to as human capital accumulation – are one of the most influential determinants of any country’s long term economic growth, and are associated with improved economic prosperity, living standards, and wellbeing. In general, the economic benefits of human capital acquisition are shared across all sectors of the […]

The Economic Impact of Scotland’s University Research Activity – December 2022

Sector:	Education and Labour Markets.
Client:	Universities Scotland
Published:	6 December, 2022

London Economics were commissioned by Universities Scotland to analyse the economic contribution associated with the research activity delivered by higher education institutions in Scotland on the UK economy. In undertaking the estimation of the economic impact associated with the research activity delivered by Scottish higher education institutions, we estimate both the direct effects of this […]

Higher Education Fees and Funding: Assessing Potential Alternatives to the Department for Education’s Response to the Augar Review

Sector:	Education and Labour Markets.
Client:	University of the Arts London
Published:	13 December, 2022

London Economics were commissioned by the University of the Arts London (UAL) to analyse a number of options for reforming the English higher education funding system, as potential alternatives to the proposed changes that were announced by the Department for Education (DfE) in response to the Augar Review. To improve the fiscal sustainability of the […]

The Economic and Social Impact of Queen’s University Belfast

Sector:	Education and Labour Markets.
Client:	Queen’s University Belfast
Published:	14 December, 2022

London Economics were commissioned by Queen’s University Belfast to analyse the economic and social impact associated with the University’s activities in the 2020-21 academic year. Rather than just considering the traditional direct, indirect and induced impacts associated with Queen’s University Belfast’s physical footprint, this analysis also incorporates the economic impact associated with Queen’s University Belfast’s […]

Survey of Childcare and Early Years Providers

Sector:	Education and Labour Markets.
Client:	Department for Education (partnered with IFF Research who are the lead contractor)
Published:	15 December, 2022

London Economics were commissioned by the Department for Education (DfE) to investigate the state of the childcare market through the 2022 Survey of Childcare and Early Years Providers (SCEYP) in partnership with IFF Research. The analysis of the survey covered all aspects of childcare provision, ranging from costs of childcare provision and staff turnover to […]

The Economic and Social Impact of University College Birmingham – November 2022

Sector:	Education and Labour Markets.
Client:	University College Birmingham
Published:	28 November, 2022

London Economics were commissioned by University College Birmingham to analyse the economic and social impact associated with University College Birmingham’s activities in the 2020-21 academic year. Rather than just considering the traditional direct, indirect and induced impacts associated with University College Birmingham’s physical footprint, this analysis also incorporates the economic impact associated with University College […]

Study on the Impact of the Data Act Proposal on European Telecom Operators’ Offerings, Business Models, and Innovation

Sector:	Regulatory economics.
Client:	European Telecommunications Network Operators’ Association
Published:	25 October, 2022

Following the publication of the European Commission’s Data Act proposals in February 2022, ETNO, the European Telecommunications Network Operators’ Association, commissioned LE Europe, in partnership with Plum Consulting and Wiggin LLP, to produce a study on the impact of the Data Act proposal on European telecom operators. The study investigated how the proposed new rules […]

LE Europe HE Fees and Funding Options in Ireland

Sector:	Public Policy.
Client:	EC DG REFORM
Published:	4 May, 2022

London Economics’ sister company, LE Europe, as part of the AARC Consortium (incorporating AARC, LE Europe and Indecon) were commissioned by the European Commission’s Directorate-General for Structural Reform Support (DG REFORM) to provide an analysis of the sustainability of higher education (HE) and further education and training (FET) in Ireland. The project’s general objective was […]

Economic and Distributional Impacts of the Proposed New Enveloped Property Transactions Tax – February 2022

Sector:	Public Policy.
Client:	Government of Jersey
Published:	16 February, 2022

This report responds to a request from the Government of Jersey’s Economics Unit to provide an assessment of the economic and distributional impacts of the proposed changes set out in the Draft Taxation (Enveloped Property Transactions) (Jersey) Law. The proposed changes analysed in the report are the introduction of a new Enveloped Property Transaction Tax […]

Space for Policy in Developing Countries

Sector:	Space.
Client:	UK Space Agency
Published:	July, 2020

How can space support government policy making in the developing world? London Economics’ latest report for the UK Space Agency finds that space technologies are well placed to provide intelligence on a range of economic and environmental activities at a lower cost than alternative methods of data collection. This advantage is key for developing country governments facing budget constraints, increased demand, climate pressures, and growing public scrutiny.

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