UK Bans Six Water Companies From Paying Bonuses to Bosses

The UK has banned six water companies from paying bonuses to senior executives to try to force companies to do more to tackle pollution.

Regulator Ofwat has powers to stop “unjustified” payments for poor environmental and customer performance as part of new legislation that comes into come into force Friday, it said in a statement. Bosses at Thames Water, Yorkshire Water, Anglian Water, Wessex Water, United Utilities and Southern Water are not permitted to receive bonuses with immediate effect, the Department for Environment, Food and Rural Affairs said.