'Outwitted': have water companies managed to sidestep Labour's bonus ban?

Concerns loophole in 2025 act allows payouts at firms that repeatedly pollute England's waterways with sewageIt started before the election. Against a background of growing fury about the conduct of the water companies, Labour promised to end the injustice of their executives getting bonuses while sewage was dumped in England's rivers and seas.In March 2024, Steve Reed, the then shadow environment secretary, said: "Since the last election the water bosses have paid themselves ?25m in bonuses. Labour will ban the payment of bonuses to polluting water bosses until they have cleaned up their filth." Continue reading...