Thames Water increases bonus payments to £4m despite uncertainty over future

Thames Water has faced criticism for boosting bonus payments to £4.1m for senior managers amid concerns about its financial stability, with net debt ballooning to £19.7bn. This move comes despite warnings about "material uncertainty" regarding its future, highlighting the company's struggle to recapitalize and avoid potential nationalization. The decision has sparked backlash, especially since it included a pay rise for CEO Chris Weston, who received a previously deferred bonus. This situation underscores the challenges water companies face in balancing financial health with public accountability.