Thames Water boss defends his bonus after surge in sewage leaks

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The chief executive of Thames Water has defended his bonus scheme even as the company’s sewage leaks more than doubled last year, while Sir James Dyson’s electronics empire is to cut nearly a third of its UK workforce in a bid to combat stiff competition.

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Thames Water boss defends his bonus after surge in sewage leaks

Chris Weston said his bonuses were “purely performance-based” as he claimed it was necessary to reward executives “in order to attract the right talent”.

Thames Water recorded 16,990 discharges last year, a sharp increase from the 8,015 recorded in 2022. Serious pollution incidents.

Dyson to cut nearly a third of UK workforce

Dyson announced on Tuesday that it plans to lay off about 1,000 of its 3,500 British employees. Dyson CEO Hanno Kirner said the “painful” layoffs were decided after a review of its global business earlier this year. Read more.

Pictured: Reformist MPs struggle to secure seats when they first arrive in the House of Commons