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Water bosses get multi-million pound payments that will NOT be hit by regulator's power to ban bonuses
Water bosses receive multi-million pound payments that are not affected by the regulator's power to ban bonuses. The payments are exempt from regulatory restrictions on bonus schemes.
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Adjacent reporting
- Water firms behind worst pollution cases defy ban on bosses' bonuses - with one CEO awarded £270,000 despite supplier poisoning more than 500 customers with parasite-infected tap water
- Water boss who was denied £417,000 bonus over sewage spills gets £435,000 'allowance' instead
- Wessex Water chief pockets above-inflation pay rise despite bonus ban over sewage spills
- Thousands of benefit claimants can dodge hosepipe bans as Labour is accused of 'punishing hard work'
- South East Water chief executive to forgo his bonus over ‘unacceptable outages’
- Thames Water to pay £749mn under creditor takeover deal