Ultimately, this is yet another example of water privatisation being a monumental failure
GMB Union says massive fines water companies face for pollution must come from bosses’ pay and profits – not workers’ pay and conditions.
Thames Water, Southern Water and others will have to return about £150m to customers in the form of lower bills in the 2023-24 financial year, the water regulator for England and Wales, Ofwat, announced today (Monday)
Gary Carter, GMB National Officer, said:
“This dreadful mess is the fault of slack water company bosses. It’s the top brass - and shareholders – who should stump up for this.
“These fines must not be used as an excuse to further slash the pay and conditions of hard working employees.
“Ultimately, this is yet another example of water privatisation being a monumental failure.”
