Thames Water faces row over £1m payment to finance chief

Thames Water is facing backlash for paying its finance chief a £1 million signing bonus despite the company's poor performance and financial instability. The government has labeled the payment unacceptable, fueling calls for nationalization.
Thames Water is one of at least eight water companies banned from paying performance-related bonuses. Thames Water is one of at least eight water companies banned from paying performance-related bonuses. Thames Water Thames Water’s £1m payout to finance chief is ‘unacceptable’, says government department Utility firm’s payment criticised by Defra and campaign groups, with some urging Andy Burnham to nationalise it
Get the full story
Sign up for Headlinne to unlock AI insights, political bias analysis, and your personalized news feed.
Create free accountAlready have an account? Sign in