SAR’s in their eyes: the turning tide in UK water utilities

Image of sea from above distorted and transforming into stripe pattern.

News broke yesterday morning that the government has lined up FTI Consulting as the likely administrator for Thames Water, should the company enter a Special Administration Regime (SAR). This marks a critical moment for Britain’s largest water utility, which serves around 16 million customers and is burdened by nearly £20 billion of debt….