It is over 35 years since the initial wave of privatisations in the UK transferred responsibility for delivery of many key utilities and public services to the private sector, and since that time the need for efficiency, innovation and long term planning has led to continued use of privately owned companies – as well as independent but publicly owned executive bodies – to deliver these services.  In markets where a high consumer need is often met with limited choice, and where long term national economic requirements and short term shareholder value may not be aligned, informed, effective and collaborative regulation and oversight is essential.

Credo’s team is recognised as global experts in many of the key markets where private or third party expertise is being used to deliver public services, and we use this expertise to advise regulators on some of the key strategic challenges in the delivery of public services and to inform priorities and investment decisions across different regulatory cycles. This expertise has been built up through many years of working with the regulated bodies and their supply chains, as well as for the regulatory authorities themselves. By working across a range of different regulated sectors, we are particularly adept at identifying international best practice in one sector, and examining the benefits which could be delivered by transferring those learnings to another area.

In addition to a deep analytical rigour, our approach is built around an understanding of the unique dynamics of the relationship between the regulatory authority and the regulated bodies.  We place particular emphasis on securing consensus (where appropriate) and ensuring our conclusions lead to recommendations which can be implemented to the benefit of all parties.  Even when contracted by the regulator, much of our focus is on working with the regulated body to explain our recommendations and help them develop plans to address them.

For example, over the past five years we have built a deep relationship with the UK’s Office of Rail and Road, helping that organisation ensure the efficient maintenance and development of the UK’s strategic transport network.  Our work has ranged from considering how best to utilise rail network capacity, to assessment of supply chain capability to deliver major infrastructure enhancements.  We have also brought a strategic approach to securing consensus on a range of technical challenges, from how to manage inflation risk through to best practice in managing roadworks and network enhancements.

Our Team

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Matt Lovering

Partner
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Ed Matthews

Partner
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Alistair Stranack

Partner
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Richard Lomer

Director
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Lucy Thorp

Manager
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Chris Hinde

Manager