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Evening Standard
Evening Standard
Business
Anna Wise

Thames Water chairman rows back on comments over bonuses for bosses

Thames Water Adrian Montague Efra
Thames Water’s chairman Sir Adrian Montague at an Efra select committee (House of Commons/UK Parliament/PA) - (PA Wire)

Thames Water’s chairman has admitted to incorrectly stating the water firm’s lenders insisted on top bosses receiving large bonuses as part of a recent £3 billion emergency loan.

Sir Adrian Montague said he may have “misspoken” during an Environment, Food and Rural Affairs (Efra) committee session with MPs last week.

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