NewsStory

Ofwat seeks evidence on water company executive pay

KROV newsroom

13 Nov 2026, 11:22 am IST1 min read

DiscussionThe story behind the news.

Illustrated magnifying glass, blank page and water tap

Water regulator Ofwat opened a call for evidence on executive pay on 12 November as the government began reviewing restrictions on bonuses at water companies. The Department for Environment, Food and Rural Affairs said responses are due by 10 December.

The department said the restrictions had blocked more than £10 million in potential bonuses since their introduction. In the last financial year, nine water companies triggered the ban and more than £6.5 million in potential bonuses was blocked.

Ofwat has warned that payments to retain executives and large unexplained increases in base salary could undermine the restrictions. The government says the findings will inform its work on accountability in the water sector, including the planned Water Bill.

Cover image is an AI-generated editorial illustration.

Sources and credits

Credit: UK Department for Environment, Food and Rural Affairs. Contains public sector information licensed under the Open Government Licence v3.0. · Summarised/translated by KROV · Contains public sector information licensed under the Open Government Licence v3.0.

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