The board of UK watchdog Ofwat is split over whether to approve a rescue deal offered by the creditors of Thames Water, increasing the risk the utility could collapse into special administration.
The board of UK watchdog Ofwat is split over whether to approve a rescue deal offered by the creditors of Thames Water, increasing the risk the utility could collapse into special administration.
Workers cut into the tarmac at a Thames Water repair site in London, UK, on Monday, Aug. 18, 2025. The UK government appointed FTI Consulting to advise on a special administration process for Thames Water in case it’s needed, as it intensifies preparations for the utility’s potential failure, according to a person familiar with the matter, who spoke on the condition of anonymity.
Anmelden
