Ofwat tightens water industry bonus ban amid £800,000 Anglian Water payout
Ofwat announced it will tighten the water industry bonus ban due to concerns over public trust following large executive payments. Anglian Water faced particular scrutiny for retention payments totaling £800,000 to CEO Mark Thurston. The regulator will accelerate its review of the rules as companies reportedly circumvent the ban with non-performance-related remuneration.
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Summary by OZbrief Editorial · The Guardian Australia – Business · Source
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Published 12 Nov 2026, 07:30 UTC · Updated 12 Nov 2026, 07:50 UTC
Summary by OZbrief Editorial. Original report: The Guardian Australia – Business. Editorial policy · Corrections
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