The Guardian·4 min read·medium

Water companies circumventing bonus rules? What did ministers expect?

N
Nils Pratley
Water companies circumventing bonus rules? What did ministers expect?
AI Summary

The article critiques the UK's Water (Special Measures) Act 2025, arguing that it failed to prevent water company executives from circumventing bonus bans. It highlights how companies have shifted compensation toward salary increases and retention payments to bypass regulatory restrictions.

The flaw in the Water (Special Measures) Act was always obvious. The flaw in the Water (Special Measures) Act was always obvious. Nils Pratley on finance Water industry Water companies circumventing bonus rules? What did ministers expect? Nils Pratley Door was left open to such behaviour because the regulator for England and Wales can only use the powers it was given by parliament

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