Some water boss bonuses in England could be banned, says Ofwat.
Water execs fleece customers, dump sewage and have done nothing to deserve any bonus.
Can't trust OFWAT. Must have customer elected directors on boards. Let customers vote on exec pay.
Anyone afraid of a bit of democracy?
Water execs fleece customers, dump sewage and have done nothing to deserve any bonus.
Can't trust OFWAT. Must have customer elected directors on boards. Let customers vote on exec pay.
Anyone afraid of a bit of democracy?
Comments
Incrementalism doesn't work…..there’s 40+ years of proof of that.
Ofwat, Ofgem etc are only there to ensure dividends, bonuses & management payrises at consumers expense
#RenationaliseUtilities
Therein lies the problem. Regulators need real teeth.
And, frankly, the power to recover money from people who have behaved immorally to make it.
In Scotland it’s nationalised. And we get more investment into infrastructure and a better end product. It’s a not perfect system, but it is good. Why do WM keep facilitating this incompetence when it serves a basic human right?