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Water company's

Started by Sandra, Jan, 22, 2024,

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Sandra

Water company bosses have awarded themselves over £25m in bonuses and incentives.

The analysis found that nine water chief executives were paid £10m in bonuses, £14m in incentives and £603,580 in benefits since 2019.

It comes amid outrage over illegal sewage dumping, with water firms in England seeking to hike customers' bills by an extra £156 a year to invest in Britain's Victorian infrastructure.

Labour has pledged to give the water regulator new powers to ban payouts to bosses of firms that are illegally polluting rivers, lakes and seas if it wins the next election.

It said under the plans, Ofwat could have blocked six out of nine water chiefs' bonuses last year because of severe levels of sewage pollution.

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