As drought hits, what are UK water company chief executives paid?

Anger is growing over the huge sums handed to shareholders and executives

Britain’s biggest water companies have come under the spotlight as the nation swelters during what could become the worst drought in 500 years, with hosepipe bans introduced across much of England in an attempt to fend off shortages.

Anger is growing over the huge sums handed to their shareholders and executives, given the companies’ record on tackling leaks and pollution and their failure to build more reservoirs. Politicians and campaigners are now calling for water company bosses to have their bonuses banned until they tackle these issues.

Continue reading...