Water company bonuses: Half baked announcement won't reform industry
EMBARGO: 22:30 - 05 Jun 2025
Commenting on the Govt's announcement that six water companies are banned from giving executives bonuses, Liberal Democrat Environment Spokesperson Tim Farron MP said:
"This half baked announcement doesn't touch the sides in enacting fundamental reform - especially if water companies can still workaround bonuses and wriggle off the hook.
"When customers are footing the bill for the mismanagement of water companies and the environment is paying the price, bans to bonuses must be properly enforced and not in effect act as a pause to profits from pollution.
"The Liberal Democrats have led the campaign against sewage, with our plans for a new regulator and a robust ban on bonuses until leaks are fixed and sewage spills are stopped."
ENDS