Water chiefs’ pay rises to average of £1.1m despite ban on bonuses and outrage over pollution | Executive pay and bonuses

The salary of the Water Company chief executives in the UK and Wales increased by 5% in the last financial year, and despite the widespread anger on bonuses for several companies and the majority of the sector, it rose to £ 1.1 million.

According to the Guardian analysis of the annual reports of 14 companies, the total fee reported by water companies reached a 5% increase in the previous year for £ 13.8 million in the previous year.

In recent years, water companies are under investigations on the records of sewage on the environmentally damaging discharge of the British rivers and seas. Politicians and campaignists also reacted angrily to the invoice increases allowed by the regulator ofwat in April.

Wage figures reveal questions about the effectiveness of the government’s efforts to limit the wage of water managers. Ofwat last year, in June, insisted on paying bonuses by shareholders rather than the bills of customers before the new rules that allowed bonuses to be banned for bosses of the most serious environmental damage.

The biggest wage increase was accepted by Keith Haslett, the General Manager of Affinity Water. Extra won £ 844,000 and doubled its total payment to £ 1.6 million. Bob Taylor, the boss of Portsmouth Water, has doubled to £ 754,000.

Six companies-Thams Water, Anglian Water, South Water, United Utilities, Wessex Water and Yorkshire Water-2024-25 for the financial year, chief managers and chief financial officers were banned. The banus ban was an effect, which has decreased by 8 to 5.5 million pounds throughout the six suppliers. Most of this decline, the boss Chris Weston, was directed by the Thames Water, which received £ 1 million, and after receiving a total of £ 1.7 million a year ago, he and the three pioneer heads.

Despite the bonus ban, Southern Water General Manager Lawrence Gosden increased £ 1 £ 1.4 million.

After explaining the increase in the Guardian, Environmental Secretary Steve Reed said Gosden should refuse extra money. Southern Water said that the increase in wage complies with the rules. A spokesman said this is not a bonus, but a part of the “two -year long -term incentive plan”. All money was not paid during the financial year and Southern may not be able to get all of them if he cannot obtain sufficient environmental ratings.

A group that campaigns for public ownership of the public, we we we we we we we we we we we we we we we we we we we we in we we we pay We are rightly angry at the obscene cash levels delivered to we We We, delivered to private water bosses.

“What was very valuable commercial brightness for us? Water bills rose by 30% and the ongoing vandalization of our rivers and lakes. New reservoirs built in 30 years and 3 billion liters of water lost daily to the crumbled pipes.

“It never earned very little because I did very little in the field of basic public services.”

For chief finance officials, payment fell by 3% for 12 water companies that explained it to 7.6 million pounds, but this decrease was directed with a perpendicular decline from £ 1.3 million to £ 636,000 for Alastair Cochran, who left the company collapse. In addition to Thames, CFO Pay increased by 7% throughout the year.

The highest paid water boss was Liv Garfield, Severn Trent, a FTSE 100 company that provides 4.6 million households in Midlands and North Wales. During the financial year, he was given £ 3.3 million.

The lowest paid water General Manager is more than £ 270,000 for the president of David Hinton of South East Water, which receives £ 456,000.

Luke Hildard, General Manager of High Pay Center, who campaign against “excessive” wages, wanted the water company to be limited to 10 times the lowest winners.

“Many people have been forced to attach the literature of financial, environmental and customer service disasters with the best payment rewards that often exceed 1 million pounds,” he said.

“A clean, reliable water supply really depends on these seven -digit payment awards?”

A Government Spokesman said: ısız For the bosses of the water company, the unable to bonuses are now banned as part of the government’s plan to clean our rivers, lakes and seas. In addition, we have customers’ invoices to ensure that the investment is spent, not new sewage pipes and treatment.

“Any example of the companies that try to overcome new rules cannot be fully accepted. The government will not leave any stones against the bosses who have made these payments.”

Water UK spokesman with a lobby group: “The executive payment in the water industry is determined independently by the wage committees that meet the laws and regulations set by the government.

“Water companies focus on investing in £ 104 billion in the next five years to secure our water resources in the next five years, to enter our rivers and seas and support economic growth.”