UK water regulator Ofwat is set to announce that a £195,000 bonus for Thames Water Chief Executive Chris Weston should not be funded by customers. This decision is part of a broader review into executive pay and financial health in the water sector. The regulator newly asserts that bonuses should be at the expense of owners and lenders, particularly given Thames Water’s significant debt and cash flow issues. Meanwhile, environment secretary Steve Reed has dismissed nationalization as a solution, citing high costs and long timelines.