Principal Consultant: Economic Research and Analysis

Urban Foresight Limited; Dundee, Newcastle upon Tyne; Hybrid; GBP 50,000 - GBP 70,000; Full time

Job summary

A leading consultancy firm is seeking a Principal Consultant in Economic Research and Analysis to join their Economic Development group. The role involves shaping portfolio growth, winning client work, and leading economic analysis projects. Candidates must have strong expertise in economic research, business development, and stakeholder engagement. This is a permanent position based in Dundee or Newcastle, with an emphasis on developing evidence-based strategies and recommendations.

Qualifications

• Senior experience leading multi-project consultancy in economic research.
• Strong mixed-methods practice and evaluation design.
• Proven business development track record in public sector.

Responsibilities

• Shape and deliver a portfolio growth plan for the Economic Development group.
• Win client work through partnerships and proposals.
• Develop Green Book business cases and evaluations.

Skills

Leadership in economic research

Mixed-methods evaluation design

Business development track record

Stakeholder engagement

Understanding of local government policies

Job description

Principal Consultant: Economic Research and Analysis

Location: Dundee or Newcastle

Urban Foresight is a forward-thinking consultancy focused on creating better futures for places, people and public services.

We are looking for an experienced consultant to join our Economic Development group. You will lead and grow a portfolio that turns research into evidence-based strategy, options appraisal, business cases and clear recommendations to improve outcomes.

This permanent role will be based in one of our offices (Dundee or Newcastle) in line with your preferences.

What you’ll do

• Work closely with the Head of Economic Development to shape and deliver a portfolio growth plan, aligned to the Economic Development group strategy.
• Win work through client development, partnerships, proactive outreach, and compelling proposals.
• Direct and deliver research, evaluation and economic analysis; develop Green Book Five Case Model business cases and Magenta Book-aligned evaluations.
• Be responsible for the financial performance of your portfolio, including budgeting, pricing, margins, invoicing, and cost control.
• Plan resources and manage delivery across multiple projects, including contract and client management.
• Mentor and develop more junior consultants.

About you

The ideal candidate would have:

• Senior experience leading multi-project consultancy in economic research, evaluation, analysis, and economic development.
• Strong mixed-methods practice and proportionate evaluation design (Theory of Change, logic models, process and impact, value for money), applying Magenta Book principles.
• Green Book expertise, including options appraisal, cost–benefit analysis and Five Case Model business cases.
• Proven business development track record, including competitively awarded public sector contracts, with a good network across the public and private sector.
• Excellent writing and communication, and confident stakeholder engagement.
• Understanding of local/ regional government in the UK and the associated policy and funding frameworks.

Desirable experience would be:

• Comfortable undertaking and reviewing advanced analysis, such as econometrics or statistical modelling, data visualisation and business intelligence.
• Working knowledge of relevant UK datasets (e.g., ONS/NOMIS, IMD, DfT, Companies House, UKRI/DSIT) and how to brief and quality-assure analytical work.
• Experience with theory-based and participatory approaches (e.g., contribution analysis, realist, systems mapping).

How to apply

Send your CV and covering letter to [e-mail] by 10th February 2026. Please include your salary expectations and notice period.

Urban Foresight is an equal opportunities employer and welcomes applications from all suitably qualified persons.