Water company executives who may have presided over illegal sewage spills have pocketed more than £26 million in bonuses, benefits and incentives over the last four years, Labour has said.
The party accused the Government of turning “a blind eye to corruption at the heart of the water industry” by allowing firms to openly pollute British rivers, lakes and seas while paying out millions to bosses.
Water chiefs have received more than £10 million in bonuses, nearly £15 million in incentives and £621,580 in benefits since the 2019 general election, Labour found in its analysis of pay at nine water companies.
That includes £1.4 million in bonuses last year, less than half the £3.1 million paid in the previous year.
At the same time, companies plan to hike consumers’ bills by about £156 per year to pay for investment to prevent 140,000 sewage overflow spills a year.
Labour, if it wins the next election, has said it will give water regulators the power to ban senior executives’ bonuses if their companies are illegally polluting waterways.
Shadow Environment Secretary Steve Reed says he would back the Government on tackling water companies giving bosses’ big bonuses despite illegal sewage discharges.
“Covering it up in order to boost profitability and help yourself get a bonus – it can’t be tolerated.”
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Kier knows its the left and by in large members of the Labour party that are pushing these divisions in our institutions, he was one of them.
Perhaps they’ve not noticed as their staff are still working from home.
RNLI & NT are WOKE.
There isn’t a culture war 😈
🙄 just what are you lot going to do Shadow secretary? Nothing, just waffle on about what others are doing. Did you turn down the latest MPs round of pay rises? Starmer sssh
London is the most densely populated city in Europe so much sewage it has to go somewhere 🤢
I think the LABOUR idea, of how to DEAL WITH the WATER BOSSES is a truly excellent idea.
That the WATER COMPANIES and their BOSSES have been getting away with their PATHETIC and IRRESPONSIBLE actions so far, is totally outrageous.
Im done as a woman with Liebour! How can they say anything, when the leader of Liebour called women out as 99.9% that want Tories, that was yourselves, these charities jumped onto that madness.