Ban on using customer cash to fund water boss bonuses
Daily Express|November 22, 2024
NINE water companies have been banned from using bill payers' money to fund bonuses for their bosses.
Steph Spyro
Ban on using customer cash to fund water boss bonuses

Debt-laden Thames Water is one of three firms, including Yorkshire Water and Dwr Cymru Welsh Water, blocked by industry regulator Ofwat from allowing customers to pay £1.55million in bonuses.

A further six companies have voluntarily decided not to push the cost of executive bonuses worth £5.2million on to customers, with shareholders instead paying.

Greed

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