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Independent review of the Green Book's discount rate and reflections on the Government's response

29 October 2026

Independent review of the Green Book's discount rate and reflections on the Government's response

29 October 2026, 12:15 - 13:15 GMT


In June 2026, Ben Groom, University of Exeter, and Mark Freeman, University of York, released their independent review of the HM Treasury's Green Book discount rate. This September, Chancellor John Healey announced a commitment to update the discount rate from 3.5% to 3%, aiming to move investment towards projects with more long-term potential.


In this webinar, Ben and Mark discuss their review as well as the implications of the recent change. Mark and Ben also reflect on the Autumn Budget, where the government's full response to their discount rate review was released.


You can read the independent review here.

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