Water Company Executives Face Bonus Ban Over Illegal Sewage Spills
Water company bosses who preside over illegal sewage spills will be banned from receiving bonuses, according to the UK’s environment secretary, Steve Barclay. The ban will take effect in the 2024-25 financial year, starting from April. This move comes in response to public outrage over executives pocketing more than £26m in bonuses, benefits, and incentives over the past four years. Last year, senior executives from five out of the 11 water companies that deal with sewage received bonuses, while the remaining six declined them due to public anger.
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