Thames Water defers payment of controversial £2.5m retention awards
Thames Water has opted not to pay more than £2m in retention awards to more than 20 of its top executives this month amid a political outcry over the payments.
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Cash-strapped Thames Water has agreed a payment plan with regulators to cover off a record fine that threatened to exacerbate its financial difficulties.
More...27-08-2025, 11:19 AM -
Directors of Thames Water will meet within days to decide whether to proceed with more than £2m of retention payments to senior executives amid fierce scrutiny from MPs.
More...03-12-2025, 08:16 AM -
Ministers have lined up insolvency practitioners to prepare for the potential collapse of Thames Water, Britain's biggest water utility.
More...12-08-2025, 01:36 PM