The Beesley Lectures
Oct - Nov 01-19 2015

The Beesley Lectures

Analysing regulated industries

Institute of Directors, London
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Now in their 25th year, The Beesley Lectures have consistently featured outstanding addresses from high-profile thought leaders drawn from academia, government and industry. Continuing in this tradition, this year’s speakers will deliver expert insight into the most pressing issues in regulatory economics today.

 

How can network regulation be designed for industries undergoing transformation? 1st Oct 2015 More info »
Is the BBC licence fee fit for purpose in the digital era?
8th Oct 2015 More info »
The evolution of the regulatory model in water
15th Oct 2015 More info »
What is the future for gas in European energy balances? 22nd Oct 2015 More info »
Promoting competition on the railways
29th Oct 2015 More info »
What is the role of competition authorities in dealing with disruptive technologies? 5th Nov 2015 More info »
Price discrimination and cross subsidies in banking - should regulators be interested?
12th Nov 2015 More info »
How can the UK (re)create a competitive energy market? 19th Nov 2015 More info »



What are the Beesleys?

Held in partnership with the Institute of Economic Affairs and City University, and sponsored by PwC, these lectures provide an exclusive and stimulating environment where those with an interest in regulatory economics engage in lively debate about the major trends driving industry forward. 

This unique lecture series was the brainchild of Professor Michael Beesley, one of the most influential regulatory economists of his time, who organised the lectures until his death in 1999.  

Last year, the Beesley Lectures were a fantastic success with over 1000 places taken up across the series. With two of the lectures reaching full capacity, don't miss out on the opportunity to be involved this year!

Evenings will begin at 6.30pm and delegates are encouraged to network over refreshments until 7pm, when the lecture will commence. A leading economist or industry figure will speak for one hour and a specialist will provide a 20-minute response before handing over to the audience for further discussion. Each lecture will end at 8.45pm followed by drinks and some canapés to continue the discussion.



Lecture summaries by PwC
 

How can network regulation be designed for industries undergoing transformation? Read here   »
Is the BBC licence fee fit for purpose in the digital era?
Coming soon
The evolution of the regulatory model in water
Coming soon
What is the future for gas in European energy balances? Coming soon
Promoting competition on the railways
Coming soon
What is the role of competition authorities in dealing with disruptive technologies? Coming soon
Price discrimination and cross subsidies in banking - should regulators be interested?
Coming soon
How can the UK (re)create a competitive energy market? Coming soon



Evenings will begin at 6.30pm and delegates are encouraged to network over refreshments until 7pm, when the lecture will commence. Lectures will last for one hour, followed by a 20-minute response before handing over to the audience for extended discussion. The proceedings will end at 8.45pm with refreshments.

 

How can network regulation be designed for industries undergoing transformation?

Thursday 1st October 2015

Institute of Directors, Pall Mall, London

 

18:30

Following on from the CMA referrals of the first distribution price reviews conducted under RIIO by Ofgem, this lecture will consider how network regulation has evolved from RPI-X and can adapt to changing markets and industry structures, and draw cross-sector lessons which can be applied to the new system for the regulation of the UK’s £75 trillion payments industry.

*
Hannah Nixon

Managing Director

Payment Systems Regulator

*
David Gray

Chairman

Ofgem


*
Dr Xeni Dassiou

Director

Centre for Competition and Regulatory Policy

City University London


Is the BBC licence fee fit for purpose in the digital era?

Thursday 8th October 2015

Institute of Directors, Pall Mall, London

 

18:30

With its Charter due for renewal in 2016, the decline in the BBC’s audience share continues as channels proliferate and new ways to watch television take hold. In the light of digital switchover, pay-to-view TV and internet services, this lecture will consider whether the licence fee can be adapted to reflect this new world, or should be replaced by a new funding model.

 

Helen
Helen Weeds

Lecturer in Economics

University of Essex

*
Diane Coyle

Professor of Economics

University of Manchester


*
Prof Philip Booth

Director

Editorial and Programme Director

Institute of Economic Affairs


The evolution of the regulatory model in water

Thursday 15th October 2015

Institute of Directors, Pall Mall, London

 

18:30

Economic regulation has historically differed across sectors – and water regulation has often been seen as an outlier for historical reasons. Through PR14 and its new strategy OFWAT is taking water regulation in a different direction and introducing innovations in the economic regulatory model. This lecture will set out the journey OFWAT has been on, where it is going and why it is the right direction in the 21st century.

 

*
Cathryn Ross

Chief Executive Officer

OFWAT

*
Stephen Littlechild

Fellow in Privatisation, Regulation and Competition

Cambridge Judge Business School


*
Stuart Cook

Director – head of utility strategy and regulation

PWC


What is the future for gas in European energy balances?

Thursday 22nd October 2015

Institute of Directors, Pall Mall, London

 

18:30

Renewed availability of LNG is presenting European with diversified supply options in the context of growing tensions with Russia, but how far can this develop and for how long? How will different countries resolve the question of whether gas is compatible with, or a threat to, security of supply and carbon reduction commitments?

 

*
Jonathan Stern

Chairman, Natural Gas Research Programme

Oxford Institute for Energy Studies

Alex
Alex Barnes

Head of Regulatory Affairs

Gazprom Marketing & Trading


*
Jon Stern

Honorary Visiting Professor

Centre for Competition and Regulatory Policy

City University London


Promoting competition on the railways

Thursday 29th October 2015

Institute of Directors, Pall Mall, London

 

18:30

The Competition and Markets Authority is examining the scope for increasing competition in passenger rail services. This lecture will review the impediments created by the current structure of the rail industry, the development of super-monopolies and barriers to on-rail competition. It will consider how greater use of open access and competition together with opportunities for innovation and efficiency in the sector could improve rail services for passengers.

 

*
Tony Lodge

Infrastructure and Transport Analyst

Centre for Policy Studies

*
Richard Price

Chief Executive

Office for Rail Regulation


Andrea
Andrea Coscelli

Executive Director Markets and Mergers

Centre for Competition and Regulatory Policy

Competition and Markets Authority


What is the role of competition authorities in dealing with disruptive technologies?

Thursday 5th November 2015

Institute of Directors, Pall Mall, London

 

18:30

Competition policy and regulation is woefully behind in adapting to the innovative leaps and bounds made by internet-enabled sharing businesses, effectively protecting market incumbents from healthy competition. This lecture will explore how regulators and competition authorities can keep pace with disruptive business models, such as Airbnb, Uber and P2P lending, and what this could mean for the status quo.


*
John Fingleton

Chief Executive Officer

Fingleton Associates


*
Phil Evans

Inquiry Chair

Competition and Markets Authority


*
Diego Zuluaga

International Research Fellow

Centre for Competition and Regulatory Policy

Institute of Economic Affairs


Price discrimination and cross subsidies in banking - should regulators be interested?

Thursday 12th November 2015

Institute of Directors, Pall Mall, London

 

18:30

Following reports from the Treasury Select Committee in the last Parliament and with the CMA’s retail banking investigation in progress, this lecture will consider the state of competition for personal and SME banking, whether free banking creates barriers to entry, and the approach that regulators should take to price discrimination and cross subsidies.

*
Peter Andrews

Chief Economist

Financial Conduct Authority

*
Steve Smith

Competition & Regulatory Strategy Director

Lloyds Banking Group


*
Nick Forrest

Director

Economics and Policy, PWC


How can the UK (re)create a competitive energy market?

Thursday 19th November 2015

Institute of Directors, Pall Mall, London

 

18:30

With the Competition and Market Authority’s energy market investigation due to conclude by December 2015, this lecture will assess the CMA’s provisional findings and the potential impact of political intervention in the wake of the General Election. It will set out how a competitive energy market could be recreated in the UK.

Nigel Cornwall

Managing Director

Cornwall Energy

*
Chris Harris

Head of Regulation

RWE npower


*
Prof Philip Booth

Director

Editorial and Programme Director

Institute of Economic Affairs


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