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Thames Water increases bonus payments to £4m despite uncertainty over future

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Guardian Business
Thames Water increases bonus payments to £4m despite uncertainty over future
Annual results show struggling firm’s net debt has risen to £19.7bn, up from £17.7bn a year earlier Business live – latest updates Thames Water increased its bonus payouts to £4.1m for senior managers, despite warning over “material uncertainty” over its future as it scrambles to recapitalise to avoid nationalisation. The water company also gave a pay rise to its chief executive, Chris Weston, and drew the ire of E
15 Jul, 13:33
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