Portrait of Enrico Russo

Enrico Russo Managing Consultant

Enrico is a member of Oxera’s Regulation and Market Design team. He has over ten years’ experience in applying economics to a range of regulatory and public policy issues, having provided advice to investors, companies, regulators and UK government ministers. Since joining Oxera, Enrico has worked across a number of sectors including transport, water, energy and telecoms. His work to date has focused on providing advice on a range of regulatory issues, including in relation to price controls and mergers.

Before joining Oxera, Enrico worked as an economist in the UK Department for Transport for seven years, providing advice relating to rail, roads and maritime issues. Enrico also spent two years working at Ofwat on the design of the PR24 price review framework, and one year working in HM Treasury’s growth and productivity team.

Enrico speaks English, and Italian.

Tel: +44 (0) 20 7776 6633

Enrico's specialisms include:

Selected
professional experience

  • Advised National Highways on its approach to engaging with the ORR through the RIS3 process (2024–)

  • Supported a Maltese telecoms company on engagement with its national regulator and the European Commission (2023–24)

  • Advised a UK transport group on local government proposals to introduce bus franchising in West Yorkshire (2023–24)

  • Supported an infrastructure operator on pre-transaction due diligence relating to a potential acquisition in the UK roads sector (2023)

  • Supported an Italian fibre company in responding to a consultation by the national regulator on its proposed remedies for fixed broadband over the next five year period (2023)

  • Provided advice regarding the potential competition issues arising from a proposed merger (2022–)

Selected
publications

  • Woszczek, W., Catherall, R., Russo, E. and Moussa, R. (2024), ‘Frameworks for evaluating the trade-offs of open access passenger rail services – a comparative assessment’, European Transport Conference 2024 Proceedings, Association for European Transport, September.

  • Russo, E., Meaney, A., Catherall, R., Rho, M. and Girgis, R. (2023), ‘Rebounding from Covid– Lessons on Revenue Risk Allocation in GB passenger rail contracts’, European Transport Conference 2023 Proceedings, Association for European Transport, September.

  • Russo, E. (2023), ‘Is it time to review the pay review bodies?’, March, Agenda.

  • Catherall, R. and Russo, E. (2023), ‘Can the private sector help to get the rail industry back on track?’, Agenda, January.

Qualifications

  • MSc Economics, Birkbeck, University of London, UK

  • BA Economics and Politics, University of Leeds, UK


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Latest Insights:  Enrico Russo

Agenda
6 minute read
Depiction of Switching tracks: the regulatory implications of Great British Railways—part 2

Switching tracks: the regulatory implications of Great British Railways—part 2

In this two-part series, we delve into the regulatory implications of rail reform. This reform will bring significant changes to the industry’s structure, including the nationalisation of private passenger train…
Agenda
9 minute read
Depiction of Switching tracks: the regulatory implications of Great British Railways—part 1

Switching tracks: the regulatory implications of Great British Railways—part 1

The Labour government's plan to nationalise private passenger train operators and introduce Great British Railways (GBR) marks a significant shift in the management of the rail network in Great Britain.…
Agenda
11 minute read
Depiction of Is it time to review the pay review bodies?

Is it time to review the pay review bodies?

Waves of strike action across the public sector have reignited interest in how governments set public-sector pay. In the UK, pay review bodies (PRBs) play a critical role in the…
Agenda
12 minute read
Depiction of Can the private sector help to get the rail industry back on track?

Can the private sector help to get the rail industry back on track?

The GB rail industry is facing considerable challenges. Low passenger numbers mean that a massive increase in state subsidy has been necessary to keep services running, which is unsustainable. To…

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