Skip to playerSkip to main content
National World - LocalTV
  • 1 year ago
The boss of Thames Water has defended executive bonuses as the firm calls for a hike in customer bills to ensure its survival.
Transcript
00:00The boss of Thames Water has defended executive bonuses as the firm calls for a hike in customer
00:06bills to ensure its survival. Chris Weston said the supplier needed to offer competitive
00:12packages to attract talent but the water regulator has previously said that customers must not
00:18foot the bill for underserved bonuses. It comes as the embattled company saw a 40% increase
00:26in pollution incidents in the six months to the 30th of September 2024 as its debts continue
00:33to swell, according to its latest set of results. Thames approaches a critical moment next week
00:40with Ofwat set to decide whether to allow a proposed 59% increase in consumer bills
00:47over the next five years. The ailing business is saddled with debt which stood at just under
00:53£16 billion at the end of September. For more on this, head to Londonworld.com
Be the first to comment
Add your comment

Recommended

Londoners react to Thames Water bill rises and bail out
National World - LocalTV
1 year ago
Thames Water drops bonuses due for bosses after Government criticism
Local TV
8 months ago
Londoners on rising water bills
Local TV
4 months ago
Thames Water looks for permission to charge customers even higher bills
Local TV
11 months ago
Thames Water update as creditors challenge restructuring
National World - LocalTV
10 months ago
Campaign action against Thames Water
Local TV
6 weeks ago
Ofwat accuses Thames Water of 'catalogue of failures'
ODN
1 year ago
Bills will rise next year, says struggling Thames Water
ODN
3 years ago
Thames water hit with record £122.7 million fine by Ofwat,
Local TV
8 months ago
Thames Water 'understands everyone is angry' over pollution
ODN
1 year ago
Thames Water rescue deal to go ahead after creditors lose appeal
National World - LocalTV
10 months ago
Water industry proposes price rise to tackle sewage issues
Local TV
2 years ago
Thames Water boss receives £1m despite doubling in 'serious' pollution
Evening Standard
6 months ago
The River Trust: System change is needed in Thames Water
ODN
8 months ago
Thames Water hit with biggest ever fine of £122.7m over pollution and dividends
Yorkshire Post
8 months ago
Water UK unhappy with Ofwat's water bill hike
ODN
2 years ago
Clean-up work begins on London's 'wet wipe island'
Local TV
5 months ago
Thames Water to pay fifth of record £122.7m fines by end of September
Local TV
5 months ago
Protesters march in London calling for clean water
ODN
1 year ago
Ofwat proposes £168m in fines for three water companies over sewage spills
Yorkshire Post
1 year ago
Thames Water to shut road for 15 weeks
National World - LocalTV
6 months ago
London builds 25km super-sewer to clean up River Thames
The Manila Times
3 years ago
Thames Water faces financial turmoil
Local TV
1 year ago
The future of some of the world’s rarest plants is uncertain after a heating system failed in specialist glasshouses where they were being grown.
Local TV
1 day ago
Walsall TGI Fridays Closes as Chain Shuts Sixteen UK Restaurants
Local TV
2 days ago