We should just take it off private hands so bonuses and dividends arent even a thing. Put the money back into it instead of extracting as much as possible while everything breaks.
ThatchersDirtyTaint on
The size of the paypacket without bonus and dividends is going to become HUGE if they want to retain them or replace them. Especially when you add in they’re also public enemy number 1 at the minute and people want them jailed if they can’t improve their network fast enough.
Who would want that risk without massive pay?
Then the narrative will move over to being pissed off at how much they’re base pay is.
Von_Uber on
The OFWAT whose heads are often ex-water company Directors? That OFWAT?
Dedsnotdead on
Not sure that we should trust OFWAT to do this, they’ve sat back and allowed the current car crash to happen over the last 20 years.
Look at senior OFWAT Directors leaving to sit on the main board of Water companies here in the U.K.
OFWAT has failed repeatedly to hold water companies to account for decades, the pay is good though.
Objective_Mousse7216 on
Just fucking take all water companies into state run FFS and be done with it!
Zerttretttttt on
So when they approve it, the MPs can say out of hands, nothing we can do
Mr_miner94 on
Didn’t reform recently vote against giving more power to water regulators?
*HINT* yes, they did. iirc it was the special water powers bill
7 commenti
We should just take it off private hands so bonuses and dividends arent even a thing. Put the money back into it instead of extracting as much as possible while everything breaks.
The size of the paypacket without bonus and dividends is going to become HUGE if they want to retain them or replace them. Especially when you add in they’re also public enemy number 1 at the minute and people want them jailed if they can’t improve their network fast enough.
Who would want that risk without massive pay?
Then the narrative will move over to being pissed off at how much they’re base pay is.
The OFWAT whose heads are often ex-water company Directors? That OFWAT?
Not sure that we should trust OFWAT to do this, they’ve sat back and allowed the current car crash to happen over the last 20 years.
Look at senior OFWAT Directors leaving to sit on the main board of Water companies here in the U.K.
OFWAT has failed repeatedly to hold water companies to account for decades, the pay is good though.
Just fucking take all water companies into state run FFS and be done with it!
So when they approve it, the MPs can say out of hands, nothing we can do
Didn’t reform recently vote against giving more power to water regulators?
*HINT* yes, they did. iirc it was the special water powers bill