Bosses at six water firms had £4m in bonuses blocked under new rules, Ofwat says

Regulator also considers forcing companies to report pay received from parent firms after Guardian investigationWater company bosses were blocked from receiving £4m in bonuses for the last financial year – and the industry regulator is considering forcing companies to report pay received from parent companies after a Guardian investigation.Ofwat, the regulator for English and Welsh water firms, said six companies had complied with the new rules governing the sector and did not pay out bonuses to bosses. However, it is consulting on further rules to force the disclosure of payments by other companies after the revelation that Yorkshire Water’s chief executive, Nicola Shaw, had received £1.3m in secret payments via an offshore parent company. Continue reading...

Comments

World news

Toronto synagogue is hit for 10th time. The rabbi has thoughts

National Post

Comments

Similar News

Reeves to urge insurance bosses to increase investment in London

City bosses warn on pay as UK minimum wage closes in on graduate salaries

‘That’s harsh’: CNN’s Tapper taken aback by Treasury boss Bessent’s Blue Jays dig after epic World Series Game 7 loss

I thought Amorim got it wrong – but the improving Man Utd boss was right again

Ex-firefighter who was fired over his medical marijuana use referenced Charlie Kirk’s assassination in threats against former bosses, officials say

FTSE 100 boss moves residency to run events group from UAE

WPP jobs at risk as ad group’s new boss condemns ‘unacceptable’ performance

UK must reform drug pricing to become life sciences superpower, says GSK boss

Tech bosses back Rachel Reeves’ plans to overhaul cash Isas

Now former thief claims he warned Louvre bosses security was inadequate

Bechtel boss urges US government to share risk of nuclear build-out

Blackstone hires Apollo’s European buyout boss

Bosses could still sack new hires under ‘day one’ workers’ rights compromise

Charity boss arrest in BBC sex-for-aid investigation 'gives women strength'

Ex-60 Minutes producer Bill Owens says bosses discouraged him from covering Gaza and Trump

X’s advertising boss leaves in latest departure from Musk’s businesses

UK must resist raising taxes on banks, says NatWest boss as profits leap 30%

Wizz Air boss says EU aviation rules risk creating a ‘decaying economy’

As ANZ duped customers and ignored hardship notices, the bank’s bosses raked in $26m in bonuses

Salesforce boss Benioff walks back Trump praise after widespread backlash

World news

Toronto synagogue is hit for 10th time. The rabbi has thoughts

Best gifts under $50 that look expensive

Toronto-area home sales down 9.5 per cent in October from last year

Ile d'Oleron attack: Driver rams into pedestrians and cyclists on French holiday island

Barabak: Proposition 50 is a short-term victory against Trump. But at what cost?

Typhoon Kalmaegi: Thousands evacuated from Philippines as deadly tropical storm hits

How California’s Proposition 50 ‘redistricting’ measures could help win back the House at the mid-terms

What to know about the Supreme Court arguments over Trump's tariffs

Five biggest takeaways from Democrats’ blue tsunami election night that should have Trump worried

Election results live: Trump left to lick wounds as Mamdani and Newsom savor huge night for Democrats

Trump admin blows up another boat it claims was carrying narcotics and kills two men without providing any evidence

$500m in assets seized from mysterious crypto scam billionaire

Switzerland wants ‘fifth language’ to join UNESCO cultural heritage list

Putin to shell out nearly £1,000,000,000 on prosthetic limbs for wounded soldiers

Japan sends in troops to combat wave of deadly bear attacks

British yoga teacher arrested ‘for hosting £10 tantric sex classes behind restaurant’

How would Zohran Mamdani&#8217;s dream economy actually work?

The most horrifying religion case to hit the Supreme Court in years is also one of the hardest

Ford doesn’t regret ending Starlink contract, even with Ontario missing broadband target

COMMENTARY: The 2025 Budget bets big on productivity but only time will tell if it works

When Trump’s aid cuts robbed them of HIV drugs, these people died. Now the UK is poised to slash funding further

Who is Rama Duwaji? What Zohran Mamdani’s wife has said about Gaza and ICE as he’s elected NYC mayor

Flight tracker shows moment of ‘catastrophic’ UPS plane crash

Car ploughs into crowd on French holiday island with driver ‘shouting Allahu Akbar’

Government shutdown now longest ever as Trump demands Republicans ‘get back to passing legislation’

Udogie receiving support from Tottenham after alleged gun incident

Did Curtis Sliwa cost Andrew Cuomo the mayoral election?

Moment plane erupts in fireball at Kentucky airport, killing at least seven people and sparking huge blaze

Trump issues four-word response after NYC mayor-elect Zohran Mamdani declares ‘mandate for change’

Moment UPS plane crashes near Kentucky airport caught on CCTV

Ball of fire erupts after UPS plane crashes during takeoff

‘Trump’s worst nightmare’: New York mayor Zohran Mamdani’s political positions, from ICE to Israel

Winnipeg Jets blanked 3-0 in Los Angeles as Lowry returns to lineup

Mamdani sends four-word message to Trump in victory speech

In pictures: Young Syrian artists transform war ruin into mural of remembrance

Newcastle have lost what made them so formidable

Fears for F-35s as Britain lags behind in race to stockpile rare earth metals

Jamie-Lee O’Donnell: Moving to Spain has sorted me out mentally

I had a lover when my husband had dementia – it helped me survive the horror

The problem we need to fix if we want Gen Z to have more children

I’m a fervent feminist, but it’s time we praised decent men too

The Italian region with craft breweries, historic towns and hiking trails

Covid jabs gave under-18s heart problems – but were less risky than catching virus

Mexican cartels are sending criminals to Ukraine to train them in drone warfare

This is how long it takes to get the state pension after retirement

As world leaders enter climate talks, people in poverty have the most at stake

Sandro Mamukelashvili settles in with Raptors

Morocco jails man for trafficking countrymen to Myanmar scam compound

Massive fireball erupts as UPS plane crashes at Kentucky airport, leaving 7 dead

Israel identifies remains of hostage handed over by Hamas in Gaza

Californian voters back new congressional map to boost Democrats in response to Texas ‘gerrymandering’

US sanctions bankers it says launder cybercrime money to pay for North Korea’s nuclear weapons

Zohran Mamdani's rise: From Queens lawmaker to New York City mayor

Reddit and Kick among major platforms added to Australia’s world-first social media ban for children

Trump ducks blame after big election night losses for Republicans from coast to coast: ‘Wasn’t on the ballot’

How to Stop the Genocide in Sudan

Why Zohran Mamdani’s victory will resonate beyond New York City

How would Zohran Mamdani’s dream economy actually work?