Stephen Topping

Stephen has extensive experience advising clients on price controls and the cost of capital, with a track record in the electricity, gas, water, rail and airport sectors. He has worked on secondment within a number of regulators, including Ofwat (three times), Ofcom and Ofgem. He also has significant experience in impact assessment of public policy — for example, he has authored a handbook on the subject and conducted impact assessments for the European Commission. Stephen has wider expertise in competition economics (including competition frameworks in the utilities sectors), consumer policy and behavioural economics. He also leads Europe Economics’ work on the provision of economics training courses.

Alongside his work at Europe Economics, Stephen is an evangelical Christian preacher. He believes that Jesus Christ is the Son of God and is relying on the sacrificial death of Jesus Christ on the cross for the forgiveness of his sins.