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Evening Standard
Evening Standard
Business
Holly Williams

United Utilities under fire over plans to hand top bosses share ‘allowances’

Water firm United Utilities’ recent annual report shows chief executive Louise Beardmore is in line for the first tranche in August (PA) - (PA Archive)

Water firm United Utilities has been accused of “corporate greed in plain sight” after revealing plans to award its chief executive a shares “allowance” worth £435,000 a year.

The supplier’s recent annual report shows chief executive Louise Beardmore is in line for the first tranche under the so-called allowance of shares in August, with the second instalment in February next year.

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