In Focus
Water and sewage companies: Executive remuneration
Following concern over several issues including pollution and poor customer service, the remuneration of senior executives in the water industry has come under scrutiny. Ofwat, the economic regulator of the sector, has announced tighter measures on water company executive bonuses when they have not been sufficiently earned. Ofwat is also to consult on measures to ban water company executives from receiving bonuses if a company has committed serious criminal breaches.