Frontier Economics

Frontier Economics

Economic consulting for markets, regulation, policymakers

Overview

Frontier Economics provides economic consulting to businesses and governments, addressing market strategies, regulatory reviews, competition inquiries, and policy design. Its work blends finance, statistical modelling, game theory, market research, and economics psychology to explain how markets operate and why people behave as they do, delivering clear, plain-language advice and evidence that can appear in legal proceedings. The firm differentiates itself through broad cross-sector expertise, specialist sector knowledge, independence, and a commitment to truth, avoiding writing to order while prioritizing client relationships and multilingual communication. Its goal is to help clients make informed decisions and shape effective policy and regulatory outcomes worldwide.

About Frontier Economics

Simplify's Rating
Why Frontier Economics is rated
C+
Rated B on Competitive Edge
Rated B on Growth Potential
Rated D+ on Differentiation

Industries

Data & Analytics

Consulting

Company Size

201-500

Company Stage

Grant

Total Funding

$270K

Headquarters

London, United Kingdom

Founded

1999

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What believers are saying

  • Frontier’s May 2026 Pakistan-Bangladesh mobile tax study expands visible international client demand.
  • Frontier reported 2026 promotions across management, indicating internal growth and retention momentum.
  • Frontier’s July 2026 legal aid research keeps it embedded with the Law Society and policymakers.

What critics are saying

  • VEON-sponsored Pakistan tax work ties Frontier to politically exposed telecom lobbying and revenue backlash.
  • Competition advice faces CMA and DBT reform churn, increasing project volatility through 2026.
  • No dividends, £3.1 million cash, and 458 employees signal limited financial shock absorption.

What makes Frontier Economics unique

  • Sharon White chairs Frontier since January 2025, strengthening policy access across UK government.
  • Frontier publishes sector-specific regulatory work in energy, telecoms, and competition, signaling deep specialist expertise.
  • Frontier’s legal aid economics work shaped Ministry of Justice fee decisions in November 2024.

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Funding

Total Funding

$270k

Above

Industry Average

Funded Over

1 Rounds

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Grant Funding Comparison
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Benefits

Hybrid Work Options

Holiday Entitlement

Parental Leave

Learning & Development

Private Health Insurance

Employee Assistance Program (EAP)

Income Protection Insurance

Life Insurance

Cross-Office Travel & Secondments

401(k) Retirement Plan

401(k) Company Match

Wellness Program

Mental Health Support

Stock Options

Company Equity

Remote Work Options

Paid Vacation

Paid Holidays

Flexible Work Hours

Phone/Internet Stipend

Home Office Stipend

Family Planning Benefits

Fertility Treatment Support

Adoption Assistance

Childcare Support

Sabbatical Leave

Performance Bonus

Profit Sharing

Employee Stock Purchase Plan

Relocation Assistance

Student Loan Assistance

Parental Leave

PTO

Commuter Benefits

Meal Benefits

Legal Services

Employee Discounts

Company Social Events

Growth & Insights and Company News

Headcount

6 month growth

4%

1 year growth

4%

2 year growth

3%
The Law Society
Jul 6th, 2026
Take part in research to help us make the case to cut legal aid bureaucracy.

Take part in research to help Law Society make the case to cut legal aid bureaucracy. 06 Jul 2026 2 minutes read Law Society is looking for legal aid providers to take part in research to help reduce inefficiencies in the legal aid system. Law Society has commissioned Frontier Economics to research the costs of inefficiencies in the legal aid system. Law Society is calling on legal aid practitioners to help Law Society make the arguments to cut administrative burdens and improve your bottom line. Legal aid practitioners face administrative burdens and payment delays that impact their financial viability. This research will help Law Society show the impact of this added bureaucracy on you and your organisation and help Law Society argue for change. It is an opportunity to help key decision-makers in the government better understand the steps they can take to make legal aid work more economically viable for firms. What the research is about. The research aims to identify administrative inefficiencies in legal aid processes to inform practical, evidence-based options for improvement. These inefficiencies increase non-chargeable time and the cost of providing legal aid for practitioners and firms. Frontier Economics would like to collect key data on the administrative burdens of: * billing processes * supervision requirements * IT systems They will also conduct some short interviews to better understand your experiences. How you can help. You can help by sharing information on the burden of legal aid billing processes and supervision requirements. * contact you with a short survey to gather information * ask if you would be willing to take part in a short online interview, lasting around 30 to 40 minutes Your input is vital to make sure that the research reflects your practical experience of the legal aid system and demonstrates the need for change. Save to bookmark Its previous work with Frontier Economics. The Ministry of Justice cited this research in its November 2024 decision to increase fees for housing and immigration work, which shows the value of the evidence legal aid practitioners and firms provide.

TechJuice
May 25th, 2026
New study warns heavy telecom levies & Mobile taxes are killing Pakistan's Digital Growth.

New study warns heavy telecom levies & Mobile taxes are killing Pakistan's Digital Growth. By Muhammad Haaris | 2 hours ago | Pakistan's heavy sector-specific taxation on mobile telecom services is suppressing digital adoption. It slows down critical investment and hurts long-term economic growth. Frontier Economics prepared a groundbreaking report for VEON titled "Unlocking Digital Growth by Reducing Sector Taxation in Pakistan". The study warns that high telecom levies and mobile taxes create a dangerous "tax trap". These levies artificially raise consumer prices. Consequently, they discourage smartphone adoption and limit the expansion of the digital economy. Telecom levies & Mobile taxes: the harsh reality. Currently, Pakistan functions as a mobile-first economy. Mobile connectivity underpins digital inclusion, financial access, and formal economic participation. However, excessive taxation risks undermining the wider digitalisation agenda. The numbers paint a bleak picture: * A staggering 68% of Pakistanis aged above 15 still do not own a smartphone. * The country ranks 101st out of 105 countries in average mobile internet speeds. * The average download speed sits at a low 24 Mbps. * The monthly average revenue per user (ARPU) remains trapped around $1. This reflects weak affordability and low digital consumption across the population. * Pakistan's 4G population coverage stands at 81%, which falls significantly below the 94% average for Low-Income and Middle-Income Countries. Furthermore, the current tax structure completely contradicts the principle of efficient taxation. Efficient systems require broad-based taxes rather than concentrated burdens on critical sectors. Instead, Pakistan imposes one of the highest mobile tax burdens in the region. For example, consumers face a massive 37% combined sales and turnover tax rate on mobile services. This includes a 19.5% sales tax, a 15% advance income tax (AIT) from customers, and a 2.5% annual regulatory duty. Operators face severe financial hurdles as well. The state taxes corporate profits at 29%, plus an additional super tax of up to 10% depending on profitability. In addition, the government links spectrum license fees to the US dollar. This practice transfers immense currency exchange rate risk directly to the telecom sector. Consequently, the local currency's 50% depreciation since 2017 has effectively doubled nominal periodic payments. Finally, custom and import duties on essential network equipment reach up to 246%. Unlocking GDP growth through tax reform. The report features a rigorous econometric analysis to show how connectivity drives prosperity. Specifically, a 1% increase in mobile penetration raises real GDP per capita growth by 0.115% points. Therefore, improving connectivity could lift Pakistan's annual GDP per capita growth rate from its current baseline of 4.2% to nearly 4.5%. Frontier Economics modeled a clear path forward. The report proposes a major tax reform scenario to start in 2027. This reform will bring mobile sector taxes in line with the wider economy. The medium-term fiscal payoff. Lower taxes will immediately stimulate mobile usage. As a result, the reform will improve access to markets, enhance public services, reduce transaction costs, and support job creation. In addition, deeper digital adoption will accelerate the formalisation of the economy. Digital transactions create auditable records and improve tax compliance, which ultimately broadens the national tax base. Initially, the government will face a short-term decline in telecom tax revenues. The model projects that mobile sector tax revenues will drop by approximately $439 million per annum. This reduction equals about 1% of total government tax revenues. However, broader economic gains will eventually offset these losses. The modeling assumes a one-year lag for connectivity changes to boost economic activity. According to the projections, annual government tax revenues will turn positive by 2031. Furthermore, cumulative fiscal gains will fully break even in present value terms by 2035. Ultimately, the report urges the government to abandon short-term revenue targets. Instead, Pakistan must rebalance its tax policy away from sector-specific levies that directly inflate consumer prices. Embracing this change will safeguard the country's wider digitalisation agenda and unlock sustainable economic growth.

PharmiWeb
Jan 22nd, 2025
Astrazeneca Receives Two Positive Nice Recommendations For Lung Cancer Patients Across England And Wales

Imfinzi (durvalumab) in combination with etoposide plus either carboplatin or cisplatin has been recommended by the National Institute for Health and Care Excellence (NICE) for adults with untreated extensive-stage small cell lung cancer (ES-SCLC). [1]NICE's decision was informed by positive results from the CASPIAN Phase III trial, which showed that adding durvalumab to standard chemotherapy provides a clinically significant and sustained overall survival (OS) benefit at three years. [2]Tagrisso (osimertinib) has been recommended by NICE as an adjuvant treatment option after complete tumour resection in adult patients with stage IB-IIIA non-small cell lung cancer (NSCLC) whose tumours have epidermal growth factor (EGFR) exon 19 deletions or exon 21 (L858R) substitution mutations. [3]NICE’s decision was informed by positive results from the ADAURA Phase III trial, which demonstrated a statistically significant and clinically meaningful improvement in overall survival (OS), compared to placebo in the adjuvant treatment of patients with early-stage (IB, II and IIIA) EGFRm NSCLC after complete tumour resection with curative intent. [4]The UK has one of the worst five-year survival rates for lung cancer in Europe and 70% of lung cancers are diagnosed at an advanced stage (stages III-IV), which is associated with significantly poorer outcomes.[5],[6]London, UK, Wednesday 22 January 2025 – AstraZeneca announced that this week it has received two positive recommendations from the National Institute for Health and Care Excellence (NICE) for the treatment of lung cancer patients across England and Wales.1,3Tagrisso (osimertinib) received a positive recommendation from NICE for NHS use as an adjuvant treatment option after complete tumour resection in adult patients with stage IB-IIIA non-small cell lung cancer (NSCLC) whose tumours have epidermal growth factor (EGFR) exon 19 deletions or exon 21 (L858R) substitution mutations.3 Following a three-year period within the Cancer Drugs Fund (CDF), this recommendation means that osimertinib has successfully exited the CDF, enabling full baseline commissioning within NHS England for this patient population.[7]Imfinzi (durvalumab) was recommended by NICE for NHS use in combination with etoposide plus either carboplatin or cisplatin for adults with untreated extensive-stage small cell lung cancer (ES-SCLC).1Durvalumab in lung cancerLung cancer is the most common cause of cancer death in the UK, accounting for 21% of all cancer deaths.[8],[9] Nearly 50,000 people, more than 130 each day, are diagnosed with lung cancer each year in the UK.8 SCLC is a highly aggressive and fast-growing form of lung cancer that typically recurs and progresses rapidly.[10],[11] ES-SCLC occurs when the cancer has spread to the second lung or other parts of the body.[12]Dr Meenali Chitnis, Consultant Thoracic Medical Oncologist, Oxford University, said: “Extensive-stage small cell lung cancer (ES-SCLC) is a devastating diagnosis with a poor prognosis – with fewer than 5% of patients surviving beyond two years. Positive data from the CASPIAN Phase III trial marks an important breakthrough, providing clinicians with an effective treatment option of durvalumab with etoposide plus carboplatin or cisplatin.”The positive determination from NICE was based on results from the pivotal CASPIAN Phase III trial.[13],[14] Results of a two-year follow-up analysis, published in 2020, showed that first-line treatment with durvalumab plus platinum chemotherapy met the primary endpoint of the trial and demonstrated significant and clinically meaningful improvements in overall survival (OS) in patients with ES-SCLC versus chemotherapy alone (based on a hazard ratio [HR] of 0.73; 95% confidence interval [CI] 0.59-0.91; p=0.0047).13 The safety findings from the trial were consistent with the known safety profiles of durvalumab and chemotherapy.13Updated results from the CASPIAN Phase III trial presented at the European Society of Medical Oncology (ESMO) Congress 2021, showed that durvalumab plus platinum chemotherapy reduced the risk of death by 29% compared with chemotherapy alone (HR of 0.71; 95% CI 0.60-0.86; nominal p=0.0003) at three years.2,14 The updated median OS was 12.9 months versus 10.5 for chemotherapy.2,14Tom Keith-Roach, President, AstraZeneca UK, said: “This is fantastic news for lung cancer patients

The Grocer
Oct 21st, 2024
City snapshot: Sharon White appointed Frontier Economics chairman

Dame Sharon White is to take on the role of chairman of economic consultancy Frontier Economics, replacing Gus O'Donnell, who has held the post for the last 11 years.

Business Wire
May 17th, 2024
Trade In Counterfeit Goods Market Set To Reach $1.79 Trillion In 2030 – Corsearch

LONDON--(BUSINESS WIRE)--Corsearch, leading provider of brand protection and trademark solutions, has today shared research predicting that the size of the global trade in counterfeit goods could reach $1.79 trillion by 2030, a 75% increase from that of 2023 and a growth 3.6 times higher than predicted for the global economy over the same period.1. Corsearch calculations estimate that counterfeits accounted for 3.3% of global trade in 2023, and will grow to 5% by 2030 - meaning $1 in every $20 spent globally on products could be spent on counterfeit goods. The total displaced economic activity from counterfeiting in 2022 – namely the cost to brands and manufacturers – totalled $1.1 trillion, resulting in a loss of $174 billion to worldwide sales tax revenue, impacting up to 5.4m jobs.2

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