Failing Thames Water faces fresh fury over fiance chief’s £1m signing bonus

Thames Water is facing fury from parliament after handing its finance chief a £1m “signing-on fee” last month. Company chairman Adrian Montague argued that such massive payments are a “necessary incentive” for staff retention. The news of the bonus is particularly outrageous given that the company is currently drowning

Thames Water has handed its finance boss a £1million signing-on bonus, despite the water industry giant battling to stay afloat

Utility firm’s payment criticised by Defra and campaign groups, with some urging Andy Burnham to nationalise it Thames Water has paid its finance chief a £1m signing fee despite teetering on the brink of a government-handled administration, in a decision which the environment department labelled “unacceptable”. The uti

Thames Water is facing renewed calls for it to be taken into public ownership after it handed its finance boss a £1million signing-on fee.

Thames Water is facing renewed calls for it to be taken into public ownership after it handed its finance boss a £1million signing-on fee.

The seven-figure payment was given to Steve Buck as part of package to persuade him to join the troubled utility company.

Britain's largest water firm is teetering on the edge of collapse and has warned it could run out of cash by the end of the year

Thames Water risks igniting a fresh storm over boardroom pay after handing a £1m signing-on fee to its finance chief even as it teeters on the brink of collapse.

Thames Water is facing a fresh threat to its survival after breaching pensions regulations, opening up the possibility of a costly probe. The Reading-based business, which could run out of cash as soon as December, missed a statutory deadline at the end of June to value its company pension scheme and is now facing a…

For decades, business management was guided by major economic indicators such as inflation, interest rates, GDP growth, consumption or unemployment, which determined a large part of investment decisions. Companies were preparing to face more or less favorable economic cycles and adjusted their strategy according to thi