Bosses at struggling Thames Water have been called back to appear before MPs as it emerged that £2.5 million of bonuses handed out to executives cannot be recovered by regulators.
In a letter to the cross-party Environment, Food and Rural Affairs (EFRA) Committee, Ofwat confirmed that a payment already made in April under a controversial “retention” scheme does not come within the scope of new rules that can ban water firms from paying out bonuses.
