Thames Water Halts Boss Bonuses
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Thames Water halts bosses bonus scheme

78% Informative
Thames Water has decided to "pause" its scheme to pay out big bonuses to senior executives linked with securing its 3bn rescue loan.
The company's "retention scheme" was set to amount to 50% of senior bosses' pay packets.
Thames had been accused by the environment secretary of "trying to circumvent" forthcoming rules to ban water firms from paying bonuses.
Thames said it would wait for the regulator's steer to ensure the company's approach supports its turnaround.
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