UNISON calls on water regulator to protect customers and nature

UNISON is calling on the UK water regulator Ofwat and the UK government to stop water companies from increasing bills. The union says that instead, there should be a focus on legislation to make companies – not the public – pay to restore the waterways to good health and protect jobs in the industry. The water industry has hit the headlines again this week because of Ofwat’s plans to consult on banning bonuses for the bosses of water companies that have been found to have harmed the environment. But as well as failing the environment, companies are failing customers and workers as well, claims UNISON, with several companies proposing to increase bills to fund necessary repairs and investment in water infrastructure. Last year saw water companies consistently hitting headlines for negative reasons, including financial mismanagement, illegal discharge of sewage into waterways and leaving customers without running water – much of which can be put down to a lack of investment in infrastructure. Yet according to analysis by the Labour Party, water company bosses have received over £25m in bonuses and incentives since the last general election. The analysis found that nine water chief executives were paid £10m in bonuses, £14m in incentives and £603,580 in benefits since 2019. In addition, in 2023, senior executives from five of the 11 water companies that deal with sewage took bonuses. During this time, the water industry saw below-inflation pay settlements, recruitm...
Source: UNISON Health care news - Category: UK Health Authors: Tags: Article water water environment and transport water industry Source Type: news