United Utilities boss pockets £2.5m despite pollution targets saga
United Utilities has been attacked for illegally dumping millions of litres of raw sewage into Windermere, England's largest freshwater lake.
The boss of United Utilities has seen her pay soar despite the water supplier to seven million households in north west England admitting it had missed some of its pollution targets.Louise Beardmore pocketed £2.5million, up 79 per cent on the previous year, and including a bonus of £830,000.
Her annual bonus for the previous year was blocked by industry regulator Ofwat after thousands of fish were killed in one of the company’s reservoirs during a routine maintenance operation.The incident, for which the company was fined £60,000, was graded as the most serious by Ofwat, triggering the bonus ban for that year.United Utilities has also been attacked for illegally dumping millions of litres of raw sewage into Windermere, England’s largest freshwater lake.
The pay bonanza comes at a critical time for the water industry. Bumper pay: Louise Beardmore pocketed £2.5m, up 79% on the previous year RELATED ARTICLES Previous 1 2 Next Gilt yields spike amid fears of lurch to the Left under...
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The new MP for Makerfield, which is in United Utilities’ catchment area, accused water companies of ‘profiteering’ and demanded United Utilities scrap its final dividend payment to shareholders in August worth £236million.In its annual report published yesterday the company said it was ‘disappointed not to have met all of our pollution-related targets for the year’.It wants to build a huge underground tank on Windermere to cut storm overflow spills as part of a £200million plan to improve the lake’s water quality.
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