Thames Water has suffered a major setback in its attempt to secure its future after US private equity giant KKR pulled out of plans to buy the company. KKR had …
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Thames Water has decided to “pause” its scheme to pay out big bonuses to senior executives linked with securing its £3bn rescue loan. The decision comes after Downing Street said …
- Business
Thames Water freezes ‘retention payments’ after government backlash
by Wikdailyby WikdailyUnlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Thames Water has agreed to pause executives’ lavish retention payments …
Karen Hoggan Business Reporter Getty Images Thames Water and other water companies could be prevented by the industry regulator from paying any bonuses, under rules due to come into effect …
- Politics
Ministers to block Thames Water paying bosses bonuses out of emergency loan | Thames Water
by Wikdailyby WikdailyMinisters plan to use new powers to block bosses from Thames Water taking bonuses worth hundreds of thousands of pounds as the company fights for survival, the Guardian can reveal. …