Friday, 26 July 2013

Top water pay on the rise

Water stays well below the horizon compared to the public focus on energy firms. But there is still reason to worry. Harlow's  MP is asking some serious questions about top pay and water bills. From the BBC today

Water firms in East of England 'rip off' customers, claims MP

Water running from tap  
Mr Halfon has called for an investigation into how much water companies are charging

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Water company directors in the East of England have seen their pay soar as customers faced inflation-busting hikes in bills, an MP's research has claimed.
Robert Halfon, Conservative MP for Harlow, says water bills and senior pay at five firms have risen since 2008, but some figures have been disputed.
He believes leakages are also too high and says directors' pay and bonuses in some cases had more than doubled.
Water regulator Ofwat said it was "making changes" to keep bills down.
In research written by Mr Halfon called "Watergate - The Great Eastern Region Water Con", the MP analysed the results of Affinity Water, Anglian Water, Cambridge Water, Essex and Suffolk Water and Thames Water in the past five years.
The firms serve properties in Norfolk, Suffolk, Essex, Cambridgeshire, Northamptonshire, Bedfordshire, Buckinghamshire and Hertfordshire.

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