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Thames Water paid out bonuses using £3bn emergency loan, documents reveal

Debt-ridden company refuses to claw back nearly £2.5m paid just weeks before it paused retention payments planBusiness live – latest updatesThames Water paid nearly £2.5m to senior managers from an emergency loan that was meant to be used to keep the failing utilities company afloat – and has refused to claw back the payments, newly released documents reveal.The struggling water supplier paid bonuses totalling £2.46m to 21 managers on 30 April. Continue reading...

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