Water company bosses’ bonuses blocked over pollution issues
Thames Water is among six water companies to have blocked bonus payouts to bosses over serious pollution incidents and other performance issues.More than £4m of potential bonuses were banned under new rules on performance-related executive pay, according to regulator Ofwat.The powers were introduced in June as a result of concerns that the pay of water firms' top bosses was not reflecting their environmental performance.The six companies - Anglian Water, Southern Water, Thames Water, United Utilities Water, Wessex Water…
