Labour MPs urge Thames Water to recover £2.5m paid to executives in April | Thames Water

Thames Water should withdraw £ 2.5 million paid to the managers in April, 27 Labor MPs represent the election zones offered by the public service.

MPs, the company, the same executives multimillion -pound bonuses when the managers’ failures to pay for the failures of water bills, he said.

In a letter to Thames Water’s Corporate Finance Director Fred Maroudas, the company asked the company to scrape the next planned bonus tour in September and re -invest the money in the water infrastructure.

Earley and Woodley deputy Yuan Yang, coordinated by Thames Water 27 Labor deputies, the letter from the letter, emphasized by components, the most serious pollution and failure cases, including the resolution of the company has determined requests for the company.

In addition, Thames called on tolerance to the tolerance of sewerage fines to the regulator of the desire and to commit the deputies to discuss the case affairs by the end of the year.

Yang and three other workers’ deputies – Will Stone, Peter Lamb and Sean Woodcock – Maroudas gave a letter at a meeting at Reading on Friday morning. Guardian contacted Thames Water for a comment.

Thames Water, which supplies 16 million customers in London and Southeast England, is trying to accept a rescue plan financed by its creditors to balance its financial situation and avoid the possibility of temporary nationalization.

While the pile of debt increased to £ 16.8 billion, it damaged £ 1.65 billion annually for March. In May, ofwat has been fined by ofwat so far to violate the rules for sewage shedding and shareholder payments.

Yang, said in a statement, more than 140 of the components of the unresolved leaks, water problems and spiral invoices complained, he said. Thames customer bills rose from £ 488 to £ 639 per year.

“Thames Water’s failure, long -lasting destructive road works, non -preliminary and false bills and for years without repairing the leaks from the founders of the founders of the case work is reflected every day,” he said. “To add insults to injury, while these ugly failures continue, customers drown on increasing invoices – an average of 31% for our components.”

Leyton and Wanstead deputy Calvin Bailey said that their components are dealing with repeated sewage overflows near their homes and a local nursery and increased concerns about pollution in local rivers.

In July, Guardian announced that Thames paid a total of £ 2.46 million to £ 21 executives on April 30 and refused to get the money back. The water company said that at that time, the plan of holding the plan was established to obtain senior management during a complex re -capitalization that will see that the company has returned to a stable financial and operational basis ”.

The ministers banned six water companies, including Thames Water, to give bonuses for this financial year after seven great pollution. The prohibition only applies to the top roles, including the company’s general manager, finance director and president. Chris Weston, General Manager of Thames Water, voluntarily rejected the 300% bonus this year.

Weston told MPS last month that the company “operates in extremely stressful and very difficult conditions”. He said it would take five to 10 years to reverse things.