What the Client Needed?

Explore our case study to discover how MCC supported The Insolvency Service in delivering a comprehensive Value for Money evaluation for the Corporate Insolvency and Governance Act (2020). Learn how we sourced and analyzed extensive financial and operational data to provide actionable insights into the impact of this legislation.

What we Provided them?

The Insolvency Service required expert assistance in evaluating the effectiveness and efficiency of the recently introduced Corporate Insolvency and Governance Act (2020). Specifically, they needed a detailed value for money analysis to assess the financial and operational outcomes of the Act, comprehensive data collection and analysis for over 700 insolvent companies to ensure an accurate understanding of their financial circumstances and a rigorous verification of approximately 20,000 data points to ensure reliability and precision in the evaluation process.

How we Helped them?

Sourcing and analysing financial and operational data

MCC delivered a robust solution to meet The Insolvency Service’s requirements:

  1. Data Collection and Analysis:
    • Sourced and managed extensive financial and operational data for over 700 insolvent companies, ensuring a complete and accurate dataset.
    • Oversaw the collection, analysis, and verification of approximately 20,000 individual data points, maintaining high standards of quality and consistency.
  2. Financial Insights:
    • Provided a detailed view of the financial circumstances of selected insolvent companies, offering critical insights to inform the Value for Money evaluation.
  3. Project Oversight:
    • Led and coordinated all aspects of the project, ensuring that objectives were met on time and that the evaluation was thorough and actionable.

Our work enabled The Insolvency Service to effectively assess the impact of the Corporate Insolvency and Governance Act (2020), ensuring transparency, accountability, and evidence-based decision-making.

I was delighted that MCC's work was completed on time, and within budget, helping us deliver important changes and improvements, to the benefit of our stakeholders. ​ MCC's report is published on the CCC website.

- Bea Natzler
Team Leader at Climate Change Committee, UK

I am delighted to recommend MCC Economics. Specifically, I worked closely with PJ, who helped us with our Nuclear and CCUS projects. PJ helped us develop new policies and answer questions from our stakeholders. ​​His support helped us deliver important changes and improvements, to the benefit of our stakeholders.

- Gordon Hutcheson
Head of Nuclear Policy at Ofgem, UK

MCC Economics has helped us better understand the most important issues for our stakeholders, including: charges, shareholder returns, debt payments and inflation impacts.

- Leila N. Nasr
Section Head at Department of Energy, Abu Dhabi

I am delighted to recommend PJ and his team at MCC Economics. We've been working together on National Policy Statements to help meet net zero targets for 2030 and 2050. We initially appointed MCC Economics to support us on offshore wind consultation analysis and have recently reappointed MCC Economics to undertake a larger consultation analysis role across all sectors, including hydrogen, CCUS and networks. I can confirm that they have shown excellent spreadsheet skills, alongside very good project management, planning and analysis skills, helping us deliver important changes, and continuous improvements, to the benefit of our stakeholders.

- Amy McHugh
Head of Environment in the Energy Infrastructure Planning Policy, UK

I am delighted to recommend PJ and his team from MCC Economics. They helped us with our price controls for Heathrow airport and for NATS (En Route) plc (the air traffic services provider). Specifically, the MCC team helped us deliver important changes and improvements to our financial models and supporting policy documents, to the benefit of our stakeholders.

- Dan Rock
Head of Corporate Finance at CAA, UK

I am delighted to confirm that I worked with PJ on a retail project in 2015. The project helped stakeholders understand electricity costs and charges. Specifically, the project helped us explain to stakeholders, internally and externally, why electricity charges differed across the regions (GB, NI & Ireland). PJ was a key member on the project team, which helped deliver changes and improvements in the understanding of energy retail.

- Kevin Shiels
Director at Utility Regulator, Northern Ireland