Stop the £200 Million Bonus to Thames Water Executives


Stop the £200 Million Bonus to Thames Water Executives
The Issue
We call on the UK Government and regulators to block the £200 million bonus scheme proposed for executives at Thames Water—while the company is drowning in £20 billion of debt, increasing pollution, and failing customers.
Thames Water, the UK’s largest water supplier, is facing a deep financial and environmental crisis. It owes over £20 billion, has recorded a 40% rise in pollution incidents, and was fined £18 million for breaching dividend rules. Yet, its board is still pushing to hand out up to £200 million in bonuses to executives—claiming it's necessary to retain talent during its restructuring.
This is outrageous.
Why this matters:
💸 Massive debt threatens the stability of our water supply and public infrastructure.
🌍 Pollution is worsening, harming rivers and communities, while customers see higher bills.
🚫 Bonuses for failure are morally and economically indefensible, especially as new government rules are being introduced to prevent such undeserved payouts.
If Thames Water were to collapse, taxpayers could be forced to foot the bill. The public should not pay the price for years of mismanagement and private profit-taking.
We demand:
❌ No executive bonuses while the company is in crisis
🔍 A public audit of where customer and investor money has gone
🏛️ Enforcement of new government rules to claw back bonuses where standards are not met
This is about more than one company—it's about protecting public trust in how essential services are run.
87
The Issue
We call on the UK Government and regulators to block the £200 million bonus scheme proposed for executives at Thames Water—while the company is drowning in £20 billion of debt, increasing pollution, and failing customers.
Thames Water, the UK’s largest water supplier, is facing a deep financial and environmental crisis. It owes over £20 billion, has recorded a 40% rise in pollution incidents, and was fined £18 million for breaching dividend rules. Yet, its board is still pushing to hand out up to £200 million in bonuses to executives—claiming it's necessary to retain talent during its restructuring.
This is outrageous.
Why this matters:
💸 Massive debt threatens the stability of our water supply and public infrastructure.
🌍 Pollution is worsening, harming rivers and communities, while customers see higher bills.
🚫 Bonuses for failure are morally and economically indefensible, especially as new government rules are being introduced to prevent such undeserved payouts.
If Thames Water were to collapse, taxpayers could be forced to foot the bill. The public should not pay the price for years of mismanagement and private profit-taking.
We demand:
❌ No executive bonuses while the company is in crisis
🔍 A public audit of where customer and investor money has gone
🏛️ Enforcement of new government rules to claw back bonuses where standards are not met
This is about more than one company—it's about protecting public trust in how essential services are run.
87
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Petition created on 16 May 2025