Episode Details

Water company bosses are cashing in despite bonus bans and public fury over sewage and rising bills—CEO pay jumped 1.5% last year to $25.3 million across 14 firms, fueled by salary hikes and sneaky accounting. Anglian Water’s CEO snagged $1.9M, much of it a “retention payment” disguised as non-performance-linked cash. United Utilities’ CEO took home $2.5M—a massive leap. As anger mounts, politicians are pushing for public ownership, demanding profits be reinvested, not pocketed. Loopholes are clearly working, raising doubts about the bonus ban’s real impact. The regulator’s final rulings are coming, but for now, executive pay keeps climbing.

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