Thames, Yorkshire and Welsh Water blocked from using customer money for bonuses

Q: How long will it take to read this news story?

The story "Thames, Yorkshire and Welsh Water blocked from using customer money for bonuses" has 683 words across 24 sentences, which will take approximately 3 - 6 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "Thames, Yorkshire and Welsh Water blocked from using customer money for bonuses" was covered 2 days ago by BBC Business, a news publisher based in United Kingdom.

Q: How trustworthy is 'BBC Business' news outlet?

BBC Business is a fully independent (privately-owned) news outlet established in 1922 that covers mostly business news. The outlet is headquartered in United Kingdom and publishes an average of 2 news stories per day. It's most recent story was published 1 days ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #23777636</li><li>URL: https://beamstart.com/news/thames-yorkshire-and-welsh-water-17323588122606</li></ul>

BBC Business Logo BBC Business 2d ago

Thames, Yorkshire and Welsh Water blocked from using customer money for bonuses - BBC Business

Quick Summary:

The regulator Ofwat's new powers prevent bonuses being funded from customer bills.

Thames Water declined to comment, while a Dwr Cymru spokesperson said the firm would "take the necessary action as outlined in Ofwat’s report”.

He said that by stopping customers from "paying for undeserved bonuses", it was looking "to sharpen executive mindsets" and to push firms to improve their cultures of performance and accountability.