Thames Water faces anger over ‘indefensible’ £1m payout to finance chief

Campaign group says firm is ‘taking the mickey’ by paying fee, and Andy Burnham should nationalise itBusiness live – latest updatesThames Water has paid its finance chief a £1m signing fee despite teetering on the brink of a government-handled administration, in a decision which campaigners labelled “indefensible”.The utility company revealed that it made the payment last month, in a letter sent last week by Adrian Montague, its chair, to MPs on the environment, food and rural affairs select committee. Continue reading...