Thames Water crisis: Ministers line up administrator for utility giant | Money News

Thames Water crisis: Ministers line up administrator for utility giant | Money News

Ministers have lined up insolvency practitioners to prepare for the potential collapse of Thames Water, Britain’s biggest water utility. Sky News can exclusively reveal that Steve Reed, the environment secretary, has signed off the appointment of FTI Consulting to advise on contingency plans for Thames Water to be placed into a Special Administration regime (SAR)….

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‘Significant’ step in establishing national restorative justice programme for Post Office victims | Money News

‘Significant’ step in establishing national restorative justice programme for Post Office victims | Money News

A “significant” step has been taken in establishing a national restorative justice programme for victims of the Post Office’s Horizon IT scandal. Children of affected postmasters, as well as those directly hit by the faulty accounting software, will be part of the partially Fujitsu-funded programme, as the UK’s Restorative Justice Council acknowledged more than financial…

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