Thames Water’s CEO, Chris Weston, has defended the company’s executive bonuses even as it experiences a 40% rise in sewage pollution incidents and seeks a 59% increase in customer bills to manage its significant debt, which approached £16 billion. Weston…
Thames Water has experienced a significant rise in pollution incidents, reporting a 40% increase in category one to three spills in the first half of the year. The surge, attributed to record rainfall during spring and summer, coincides with the…
Ofwat is set to announce that Thames Water customers should not bear the cost of a £195,000 bonus for CEO Chris Weston. The regulator will insist that bonuses should be covered by the company’s owners and lenders, particularly as Thames…
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…
Ofwat, the water regulator, is set to announce that Thames Water chief executive Chris Weston should not have his £195,000 bonus funded by customers. Instead, any bonuses must be covered by the company’s owners or lenders, reflecting new powers granted…
