Thames Water increases bonus payments to £4m despite uncertainty over future
Annual results show struggling firm’s net debt has risen to £19.7bn, up from £17.7bn a year earlierBusiness live – latest updatesThames Water increased its bonus payouts to £4.1m for senior managers, despite warning over “material uncertainty” over its future as it scrambles to recapitalise to avoid nationalisation.The water company also gave a pay rise to its chief executive, Chris Weston, and dr...