Bosses' bonuses banned at six water companies

New rules ban bonuses for senior executives at six water companies in the UK that fail to meet environmental, consumer standards, financial stability, or have criminal convictions. The ban affects Anglian Water, Southern Water, Thames Water, United Utilities, Wessex Water, and Yorkshire Water, aiming to address public concerns about sewage spills and high bills. The Water Act allows regulator Ofwat to enforce bonus clawbacks and is part of broader measures to ensure executive performance aligns with company goals and public interests.