Revealed: The water firm bosses who claim millions in pay and benefits - despite bills increasing
3 days, 18 hours ago

Revealed: The water firm bosses who claim millions in pay and benefits - despite bills increasing

Daily Mail  

Water company fat cats who pollute Britain’s seas, rivers and streams claim millions in pay and perks while blowing similar amounts on fines for their poor performance. Thames Water boss Chris Weston who became CEO of struggling Thames Water in January UK’s worst-performing water company Dŵr Cymru Welsh Water, is run by former electricity board boss Peter Perry The UK’s worst-performing water company is Dŵr Cymru Welsh Water, run by former electricity board boss Peter Perry. Louise Beardmore CEO of United Utilities, pocketed a bonus of £420,000 this year, bringing her total pay up to £1.4 million Lawrence Gosden boss of Southern Water pocketed a £764,000 pay package last financial year Steve Mogford, who retired last year, lined his pockets with £30 million in pay and perks during his 12 years leading the firm. Liv Garfield, CEO of Severn Trent Water who was paid £3.2 million this year, including a £584,000 bonus Months before the disaster, the supplier’s CEO Susan Davy was handed a £300,000 pay rise, taking her total take-home to £860,000. While customers of Southern Water deal with huge bill rises, the firm’s boss Lawrence Gosden pocketed a £764,000 pay package last financial year - up from £428,000 the year before.

Water Pay Company Million Boss Perry Bonus Ceo His Company Thames Water Sewage Weston Welsh Water Despite Bills  company  ceo  water  bosses  weston  revealed  pay  claim  increasing  despite  bills  boss  firm  sewage  bonus  million  millions  total

History of this topic

Thames Water slapped with £18m fine by Ofwat for dishing out 'unjustified' dividends
4 days, 9 hours ago

Thames Water slapped with £18m fine by Ofwat for dishing out 'unjustified' dividends

Daily Mail  

Thames Water has been handed an £18.2million fine after regulator Ofwat used powers to crack down on firms paying 'unjustified' dividends for the first time. The regulator said Thames Water made interim dividend payouts totalling £37.5million to its holding company, Thames Water Utilities Holdings Limited, in October last year and further payouts of about £158.3million in March 2024. The ruling …

Creditors in High Court row over Thames Water restructuring plans
6 days, 3 hours ago

Creditors in High Court row over Thames Water restructuring plans

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. But this is opposed by a secondary group of …

Thames Water boss defends bonuses and repeats calls for steep bills hikes
1 week, 6 days ago

Thames Water boss defends bonuses and repeats calls for steep bills hikes

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Regulator Ofwat revealed in November that Thames Water was …

Water firms blocked from using customer cash for ‘undeserved’ £6.8m boss bonuses
1 month ago

Water firms blocked from using customer cash for ‘undeserved’ £6.8m boss bonuses

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Nine water companies, including stricken …

Water firms blocked from using billpayer cash for ‘unjustifiable’ bonuses
1 month ago

Water firms blocked from using billpayer cash for ‘unjustifiable’ bonuses

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Troubled Thames Water is among …

Thames Water: Fears of more bill hikes as £38bn bill revealed
1 month ago

Thames Water: Fears of more bill hikes as £38bn bill revealed

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. A spokesperson for Thames Water said: “We take a rigorous approach to financial discipline …

Polluting water companies to face lighter punishments despite public outrage
1 month, 3 weeks ago

Polluting water companies to face lighter punishments despite public outrage

The Telegraph  

Failing water companies face lighter punishments under a climbdown being prepared by the industry regulator, risking an increase in leakages, water supply interruptions, and pollution. Investors in Britain’s water sector have rounded on the watchdog, claiming its hardline stance risks deterring further foreign investment in the industry at a time when it is crying out for billions of pounds of …

Water firms to return £158m to customers over leaks and pollution failings
2 months, 2 weeks ago

Water firms to return £158m to customers over leaks and pollution failings

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Water companies will have to …

Water companies 'lied over sewage discharges'
2 months, 4 weeks ago

Water companies 'lied over sewage discharges'

China Daily  

A drone view shows Mogden sewage treatment works, owned by Thames Water, in west London, Britain on July 9. It is alleged that the companies, including the largest, Thames Water, which has around 15 million customers, have under-reported the number of sewage discharges to the water industry regulator Ofwat, enabling them to charge customers higher bills, with Reuters reporting that …

Thames Water creditors seek peace deal to avoid threat of nationalisation
3 months, 2 weeks ago

Thames Water creditors seek peace deal to avoid threat of nationalisation

The Telegraph  

Creditors to Thames Water are attempting to broker a peace deal between the beleaguered supplier and regulator Ofwat amid fears that a breakdown in relations between the two sides risks speeding up the company’s demise. Sources involved in attempts to stop Thames Water being nationalised are warning privately that it may prove impossible to draw up a rescue deal unless …

Water suppliers brace for £2bn in sewage fines
4 months ago

Water suppliers brace for £2bn in sewage fines

The Telegraph  

Britain’s troubled water sector is facing the threat of £2bn in penalties over the next five years, as regulator Ofwat attempts to crack down on sewage failings. A report by the ratings agency Moody’s has predicted that tougher rules on pollution will spark a flood of regulatory fines, burdening many businesses already struggling to stay afloat. In Moody’s latest assessment …

British water firms fined for sewage pollution
4 months, 2 weeks ago

British water firms fined for sewage pollution

China Daily  

A van for the water treatment company Thames Water, is driven along a residential street in Guildford, southern England, Aug 6, 2024. Three major water utility companies in the United Kingdom face 168 million pounds in fines for numerous illegal sewage releases into rivers and coastal waters. Ofwat stated that the water companies "failed to ensure that discharges of untreated …

Mapped: Sewage in English rivers as water companies face £168m in combined fines
4 months, 2 weeks ago

Mapped: Sewage in English rivers as water companies face £168m in combined fines

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Please try again later {{ /verifyErrors }} Water regulator Ofwat …

Every river in England is polluted, new Environment Secretary Steve Reed warns as he backs 'severe fines' for utilities illegally pumping sewage into lakes and waterways
5 months ago

Every river in England is polluted, new Environment Secretary Steve Reed warns as he backs 'severe fines' for utilities illegally pumping sewage into lakes and waterways

Daily Mail  

Every single river in England is polluted, the new Environment Secretary claimed today as he backed new 'severe fines' for water companies. He spoke out after regulator Ofwat last week revealed all 11 water firms in England and Wales are under scrutiny as part of a major investigation into sewage pollution in rivers. He spoke out after regulator Ofwat last …

Thames Water seeks 45pc bill rise as it piles pressure on Ofwat
8 months ago

Thames Water seeks 45pc bill rise as it piles pressure on Ofwat

The Telegraph  

It emerged on Monday that feared US hedge fund Elliott, owner of Waterstones, has been buying up debt in Thames Water in a bid to profit from its recent turmoil, the Financial Times reported. The need for increased revenues at Thames Water has been made increasingly acute after shareholders, such as China’s sovereign wealth fund, cut off funding last month. …

Raising bills to pay for Thames Water failures ‘utterly outrageous’, says Hunt
8 months, 1 week ago

Raising bills to pay for Thames Water failures ‘utterly outrageous’, says Hunt

The Telegraph  

Jeremy Hunt has said that it would be “utterly outrageous” for Ofwat to grant Thames Water’s demands for higher household bills as it faces potential insolvency. The Chancellor said shareholders in the embattled utility company had “an obligation to sort out the mess”, when asked whether they had a duty to inject more cash into the business. Speaking at a …

Thames Water hires Bulb collapse adviser in scramble to avoid nationalisation
8 months, 3 weeks ago

Thames Water hires Bulb collapse adviser in scramble to avoid nationalisation

The Telegraph  

Thames Water has hired the restructuring firm that worked on the special administration of Bulb Energy as it scrambles to stave off nationalisation. Concerns are growing that the UK’s largest water company, which serves 15 million people, could be taken over by the Government in a special administration amid a standoff between its shareholders and the water industry regulator. The …

Thames Water under threat of nationalisation as shareholders refuse to inject £500m lifeline
8 months, 3 weeks ago

Thames Water under threat of nationalisation as shareholders refuse to inject £500m lifeline

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Thames Water’s sewage treatment works have come under scrutiny The …

Thames Water: Who owns the struggling water service – and could it be nationalised?
8 months, 3 weeks ago

Thames Water: Who owns the struggling water service – and could it be nationalised?

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. If Thames Water’s financial issues cause it to become unable to deliver its services …

Thames Water dividend payouts in spotlight after shareholders pull funding
8 months, 3 weeks ago

Thames Water dividend payouts in spotlight after shareholders pull funding

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The UK’s largest water company …

Five water firms in court over allegations of under-reporting pollution
9 months ago

Five water firms in court over allegations of under-reporting pollution

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Five UK water companies have …

Welsh Water to pay out almost £40m after misleading over poor performance
9 months, 1 week ago

Welsh Water to pay out almost £40m after misleading over poor performance

The Independent  

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Thames Water hires new boss on pay deal worth up to £2.3m
1 year ago

Thames Water hires new boss on pay deal worth up to £2.3m

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Thames Water has hired a …

Troubled Thames Water names former Centrica executive as its new boss
1 year ago

Troubled Thames Water names former Centrica executive as its new boss

The Independent  

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Ban water company chief executive bonuses, Labour to tell Commons
1 year ago

Ban water company chief executive bonuses, Labour to tell Commons

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Labour will strengthen regulation to make sure every single …

Thames Water to cut 300 jobs as it battles £14bn debt pile
1 year, 1 month ago

Thames Water to cut 300 jobs as it battles £14bn debt pile

The Telegraph  

Thames Water is preparing to cut 300 jobs as the debt-laden supplier struggles to improve its finances. A Thames Water spokesman said: “The last year has been an extremely challenging year for the business and we continue to take a rigorous approach to financial discipline throughout the company in order to operate within budget. A Thames Water spokesman said: “We …

Ofwat names four worst performing water firms as £1.4bn paid out to shareholders
1 year, 1 month ago

Ofwat names four worst performing water firms as £1.4bn paid out to shareholders

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Water regulator Ofwat has named …

Inside the water industry’s £96bn plan to clean up Britain’s rivers
1 year, 2 months ago

Inside the water industry’s £96bn plan to clean up Britain’s rivers

The Telegraph  

In the coming weeks, water company executives will face questions from the public in a fresh series of “your water, your say” meetings. At previous sessions this year, conducted via video conference, bosses from Thames Water, South West Water, United Utilities and others were asked to explain their poor record tackling leaks and river pollution. Under plans to clean up …

Which five water companies must pay the most for failing to meet Ofwat targets?
1 year, 2 months ago

Which five water companies must pay the most for failing to meet Ofwat targets?

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Under Ofwat’s performance review, the company is expected to …

Water firms face £800m legal action after ‘underreporting sewage discharges’
1 year, 4 months ago

Water firms face £800m legal action after ‘underreporting sewage discharges’

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Six English water companies will face legal action over allegations …

Great British water crisis: From Thatcher’s pipe dream to busted flush
1 year, 5 months ago

Great British water crisis: From Thatcher’s pipe dream to busted flush

The Independent  

Back in the late 1980s, Mrs Thatcher was in her pomp. Michael Howard, the minister in charge of flogging water, pledged the companies would be embarking upon “the biggest programme of sustained investment in their history”. Currently, my eldest son lives in Whitstable, in Kent, and he can’t swim in the sea – part of his reason for living there …

Thames Water crisis explained as utility giant serving 15m people faces collapse
1 year, 5 months ago

Thames Water crisis explained as utility giant serving 15m people faces collapse

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. He told Sky News: “Absolutely nothing is going to happen …

Water bosses hold secret meeting to fight off nationalisation
1 year, 5 months ago

Water bosses hold secret meeting to fight off nationalisation

The Telegraph  

The boss of Severn Trent has called in an urgent meeting with utilities bosses in an effort to ward off the threat of nationalisation under a potential Labour government. Liv Garfield, who is paid £4m-a-year to lead the FTSE 100 company, sent an email to her counterparts asking them to join a roundtable to discuss the future of the utilities …

Thames Water boss quits after giving up bonus over sewage spills
1 year, 5 months ago

Thames Water boss quits after giving up bonus over sewage spills

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The boss of Thames Water has quit weeks after being …

Thames Water boss quits amid race to raise £1bn from investors
1 year, 5 months ago

Thames Water boss quits amid race to raise £1bn from investors

The Telegraph  

The boss of Thames Water has quit as the company races to raise £1bn from its shareholders. Sarah Bentley’s surprise departure comes amid long-running talks between the owners of Britain’s biggest water company about how to pay for additional investment in the company. Ms Bentley stepped down just weeks after saying she was part of a “relatively new team” trying …

South West Water boss gives up £440,000 bonus amid sewage leak backlash
1 year, 6 months ago

South West Water boss gives up £440,000 bonus amid sewage leak backlash

The Telegraph  

The boss of South West Water-owner Pennon Group has given up £440,000 in bonuses in the wake of record water quality fines for the company. Her decision comes amid growing public anger over the volume of sewage dumped in rivers and on beaches as water companies continue large payouts to shareholders. The firm was fined £2.15m in April for illegally …

People refusing to pay wastewater bills over anger at sewage pollution
1 year, 6 months ago

People refusing to pay wastewater bills over anger at sewage pollution

The Independent  

Sign up to the Independent Climate email for the latest advice on saving the planet Get our free Climate email Get our free Climate email SIGN UP I would like to be emailed about offers, events and updates from The Independent. “You’re trying to charge me for something I’m not getting and I will not pay that until you stop …

Welsh Water to return £14m to customers after leak reporting failures
1 year, 6 months ago

Welsh Water to return £14m to customers after leak reporting failures

The Independent  

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Labour brands Government’s water company measures ‘flimsy’
1 year, 8 months ago

Labour brands Government’s water company measures ‘flimsy’

The Independent  

Sign up to the Independent Climate email for the latest advice on saving the planet Get our free Climate email Get our free Climate email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Labour has dismissed Government plans that could see water companies facing unlimited fines and penalties …

Wastewater firms miss targets for tackling pollution or sewage floods
2 years, 4 months ago

Wastewater firms miss targets for tackling pollution or sewage floods

The Independent  

Sign up to the Independent Climate email for the latest advice on saving the planet Get our free Climate email Get our free Climate email SIGN UP I would like to be emailed about offers, events and updates from The Independent. “No amount of financial penalties can undo the damage caused by wastewater companies polluting the environment or ease the …

Jail bosses of polluting water companies, environment watchdog says
2 years, 5 months ago

Jail bosses of polluting water companies, environment watchdog says

The Independent  

Sign up to the Independent Climate email for the latest advice on saving the planet Get our free Climate email Get our free Climate email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The UK’s environment watchdog is calling for massive fines and directors of polluting companies to …

Thames Water taps investors for cash as it boosts overhaul plans
2 years, 5 months ago

Thames Water taps investors for cash as it boosts overhaul plans

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Thames Water is making a …

Water companies are 'releasing raw sewage into rivers more than 1,000 times a day'
2 years, 10 months ago

Water companies are 'releasing raw sewage into rivers more than 1,000 times a day'

The Telegraph  

Wildlife havens have become foul sludge, but we can still save them By Feargal Sharkey, the former lead singer of the Undertones and chairman of the Amwell Magna Fishery, the oldest fly-fishing club in England It’s the retirement home we could all dream about. An Elizabethan house nestling quietly in the rolling hills of Hertfordshire surrounded by some of the …

Southern Water chief’s £500k bonus branded ‘ridiculous’ after record fine for pollution
3 years, 5 months ago

Southern Water chief’s £500k bonus branded ‘ridiculous’ after record fine for pollution

The Independent  

Sign up to the Independent Climate email for the latest advice on saving the planet Get our free Climate email Get our free Climate email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy A Tory MP has labelled a £550,900 bonus for the chief executive of Southern Water …

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