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The Independent UK
The Independent UK
Business
Karl Matchett

Thames Water finance boss bags £1m pay day despite ongoing crisis at debt-ridden firm

Thames Water Steve Buck Emma Reynolds

Thames Water is facing fresh scrutiny after revelations it paid £1m to a chief financial officer appointed a year ago.

The beleaguered firm is struggling under almost £20bn in debt, with cash running out to see the firm through beyond the end of this year and widespread concern about which direction is best for the future of the business.

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