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Thames Water Executives Awarded £18.5 Million Bonuses Amid Outcry

6/10/2025

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Summary

Story summary

Thames Water executives pocketed a staggering £18.5 million in bonuses, defying government restrictions. Sir Adrian Montague, the company's Chair, acknowledged this in a letter to the EFRA Committee. Amid backlash for rewarding failure, the bonus scheme has been paused, prompting the EFRA Chair to demand clarity on the legality of these controversial payouts.

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Story summary

Thames Water executives pocketed a staggering £18.5 million in bonuses, defying government restrictions. Sir Adrian Montague, the company's Chair, acknowledged this in a letter to the EFRA Committee. Amid backlash for rewarding failure, the bonus scheme has been paused, prompting the EFRA Chair to demand clarity on the legality of these controversial payouts.