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

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

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

The blocked payouts quantity to 73% of the overall govt awards proposed throughout the business

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