Thames Water Bonus Amid Crisis | UK News

Thames Water’s finance chief just pocketed a £1 million signing bonus—while the company sinks deeper into £20 billion debt and faces possible government takeover. The payout, delayed until last month amid legal wrangling, comes from emergency lender cash as Prime Minister Burnham pushes for public control of essential services. Meanwhile, CEO Chris Weston took a 14% pay raise to over £1.6 million last year, with directors raking in £4.1 million in bonuses. He defends lavish payouts as necessary to attract top talent—and warns a government rescue could cost taxpayers more. But after years of sewage disasters and a record £122 million fine, critics are furious: how can executives be rewarded while customers suffer? Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/cd14aadb85852c04