top of page



PR24 settled: CMA publishes its final decisions on the water appeals
On 10 March 2026, the CMA submitted its final determinations in the PR24 water redeterminations to Ofwat, concluding the statutory 12-month process. The full report was published on 26 March 2026. The CMA confirmed £463 million in additional revenue for the five disputing companies - Anglian, Northumbrian, South East, Southern and Wessex - for the AMP8 control period 2025 to 2030, representing 17% of what the companies had requested. The allowed rate of return for the appoint

DT Economics
Mar 161 min read


DT Economics Managing Partner acts as PSR Settlement Decision Maker in Bank of Ireland UK fining
DT Economics Managing Partner David Thomas, acting as a Settlement Decision Maker for the Payment Systems Regulator, has issued a Decision Notice fining Bank of Ireland UK £3,779,300 for failing to implement Confirmation of Payee (CoP) by the required deadline. CoP is an account name-checking service designed to protect customers from authorised push payment fraud - where criminals pose as legitimate organisations to trick people into transferring money - and from misdirected
David Thomas
Feb 231 min read


Tim Keyworth joins DT Economics as Senior Advisor
DT Economics is pleased to welcome Tim Keyworth as Senior Advisor. Tim is a regulatory economist with 30 years of experience across energy, water, health, payments, telecoms and aviation regulation, including service as Chief Economist at Oftel. He has extensive experience of CMA regulatory appeals and market investigations, including the PR24 water redeterminations and RIIO-2, and has given evidence to the UK High Court, the Competition Appeal Tribunal and the House of Lords

DT Economics
Feb 231 min read
bottom of page