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Water Execs Paid Millions Amid Pollution Outcry | UK News
Description
Water bosses are cashing in as public anger boils over—top executives at United Utilities and Anglian Water earned millions, with some bonuses jumping over a million pounds, even as rivers turn toxic and bills soar. Companies argue payouts are shareholder-funded and essential to retain talent, using loopholes like “retention payments” to skirt government bonus bans. Critics say this hypocrisy fuels outrage, with unions and watchdogs demanding stronger oversight. Ofwat is investigating potential rule-breaking and could impose retroactive bans on bonuses for polluters or financially troubled firms. Despite the backlash, total executive pay rose to £25.3 million, sparking fresh calls for public control over water services.
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