Business Live | Water corporations blocked from utilizing buyer money for ‘undeserved’ bonuses for bosses

Watch Business Live as 9 water corporations have been blocked from utilizing buyer cash to fund "undeserved" bonuses by the business’s regulator.

Ofwat mentioned it had stepped in to make use of its new powers over water corporations that can’t present that bonuses are sufficiently linked to efficiency.

The blocked payouts quantity to 73% of the entire government awards proposed throughout the business

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