Get Started for FREE
Sign up with Facebook Sign up with X
I don't have a Facebook or a X account
 Your new post is loading...
Your new post is loading...
Scoop.it!
Regulator Ofwat says bosses' pay and investor payout levels at water firms have angered customers. Via Graham Watson 
Scoop.it!
From
www
Other issues, such as fair pay and quality of work, are moving up the agenda.
|
Scoop.it!
The environment secretary says water firms may face further regulation if prices and leaks aren't fixed.
Scoop.it!
Financial Reporting Council to overhaul regulation codes to increase its powers to fine and ban company directors
|
Another interesting regulatory issue in that the water regulator, Ofwat, has taken a dim view of the behaviour of companies in paying their executives and giving generous dividends to shareholders. As a result, they are looking to enforce rules that will mean the companies will have to justify these actions in relation to customers' interests.
Â
All of which is very noble - but will it generate the right outcomes?