Department for Economy Case Study

Discover how MCC partnered with the Department for the Economy (DfE) to deliver a comprehensive forensic accounting review of BT’s broadband rollout in Northern Ireland. By assembling a multidisciplinary team of accountants and engineers, MCC provided detailed insights and actionable recommendations to address contractual inconsistencies and ensure the infrastructure met required standards. This case study demonstrates our expertise in blending technical and financial analysis to support critical government initiatives.

What the Client Needed?

The Department for the Economy (DfE) sought MCC’s expertise to address issues related to BT’s broadband rollout in Northern Ireland. Specifically, their needs included identification of reporting problems, investigating discrepancies in reported information, grant monitoring and oversight, technical validation, and infrastructure Inspection.

How we Helped them?

Forensic Accounting

MCC delivered comprehensive and multidisciplinary approach to meet DfE’s requirements. Our contributions included:

  1. Sectoral Research and Analysis:
    • Conducted in-depth research on individual sectors contributing to Abu Dhabi’s GDP.
    • Analyzed historical performance, identified key growth variables, and evaluated market conditions for each sector.
  2. Development of Advanced Forecasting Models:
    • Built sector-specific econometric models and statistical frameworks to forecast GDP trends.
    • Integrated scenario drivers and "what-if" simulations to assess potential impacts of economic changes.
  3. Accurate GDP Forecasting:
    • Utilized advanced forecasting techniques, including extrapolation and time series decomposition, to project GDP trends over the specified time horizon.
    • Accounted for various assumptions and uncertainties to ensure reliable predictions.
  4. Continuous Monitoring and Updates:
    • Regularly updated forecasts with new economic data and information to maintain their accuracy and relevance.
    • Monitored sector-specific indicators and adjusted models to reflect changing market dynamics.
  5. Actionable Insights for Decision-Making:
    • Delivered comprehensive reports and insights to empower policymakers, investors, and businesses in their strategic planning and resource allocation.
    • Enabled stakeholders to identify opportunities for development and investment, supporting the sustainable growth of Abu Dhabi’s economy.

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