365NEWSX
365NEWSX
Subscribe

Welcome

Water bosses in England and Wales face bonus bans for illegal sewage discharges

Water bosses in England and Wales face bonus bans for illegal sewage discharges

Water bosses in England and Wales face bonus bans for illegal sewage discharges
Feb 11, 2024 52 secs

The environment secretary, Steve Barclay, is to block payouts to executives of firms that are polluting rivers, lakes and seas, starting with bonuses in the 2024-25 financial year from April.

Campaigners, Labour and the Liberal Democrats have been calling for the policy amid outrage at bosses pocketing more than £26m in bonuses, benefits and incentives over the last four years.

“Tougher action is needed to address poor performance by water companies, which is why I am pleased Ofwat is going further today on bonus payments.

“But they must go further and back Labour’s whole plan to clean up our rivers, and ensure that executives who are responsible for repeated illegal sewage dumping face criminal charges.”

The Lib Dem environment spokesperson, Tim Farron, said: “Finally, ministers have buckled to a campaign led by the Liberal Democrats over two years ago but, even now, this attempt to ban bonuses sounds too weak and feeble.

“The public has looked on in fury as Conservative MPs defended these disgraced water firms and refused to crack down on insulting bonuses.

Summarized by 365NEWSX ROBOTS

RECENT NEWS

SUBSCRIBE

Get monthly updates and free resources.

CONNECT WITH US

© Copyright 2024 365NEWSX - All RIGHTS RESERVED