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Southern Water nearly doubles CEO pay to £1.4m despite bonus ban

⁨55⁩ ⁨likes⁩

Submitted ⁨⁨5⁩ ⁨hours⁩ ago⁩ by ⁨G4Z@feddit.uk⁩ to ⁨unitedkingdom@feddit.uk⁩

https://www.theguardian.com/business/2025/jul/17/southern-water-nearly-doubles-ceo-pay-to-14m-despite-bonus-ban

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Comments

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  • Denjin@lemmings.world ⁨3⁩ ⁨hours⁩ ago

    Fuck the water companies, fuck their CEOs, fuck bonus payments for mismanagement. Either strengthen the regulator to be able to personally fine board members or Nationalise these wastes of air and money.

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  • Kyrgizion@lemmy.world ⁨5⁩ ⁨hours⁩ ago

    I think you mean BECAUSE of bonus ban.

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  • tal@lemmy.today ⁨5⁩ ⁨hours⁩ ago

    Gary Carter, a national officer at the GMB union, which represents thousands of water industry workers, said: “For Southern Water’s boss to trouser more than a million pounds after just announcing a hosepipe ban and losing millions of litres in leaks every single day is abhorrent.

    Sounds like some enterprising person needs to drill a well in London and benefit from all that freshwater replenishing London’s water table.

    kagis

    Apparently Coca-Cola is on the job.

    theguardian.com/…/foreign-firms-taking-billions-o…

    Coca-Cola extracts the largest amount of freshwater of any drinks company in England, the data obtained through freedom of information legislation shows. It has a licence to extract 1.59bn litres of water a year from boreholes in Sidcup, Kent for its soft drinks. On top of that, it has the right to take 377m litres for its bottled water brands Glaceau Smartwater and Abbey Well from Morpeth in Northumberland.

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  • als@lemmy.blahaj.zone ⁨4⁩ ⁨hours⁩ ago

    Pledge to wothold your water bill payment: takebackwater.uk

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