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Thames Water could raise exec salaries of regulators restrict bonuses

Summary by The Wokingham Paper
THAMES Water has said that it could increase the salaries of company executives if restrictions are placed on bonuses. The water company is facing imminent financial crisis with its net debts having grown to £15.8bn as of December–an increase of more than £1bn since that time in 2023. While some creditors have already promised funding, the company sought to secure £3bn to avoid temporary nationalisation as a result of rising debts. Court proceed…
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