United Utilities slammed as execs rake in £4,295,000 in pay & perks

8 Nov 2023
Lisa Smart and Mark Roberts testing water quality in the Rover Goyt

Local Liberal Democrat parliamentary candidate Lisa Smart has slammed “eye-watering payouts” as the party reveals United Utilities paid their executives £4,295,000 in pay and perks last year. 

New analysis of Company House records has revealed the country’s water industry paid out a staggering £10 million in executive salaries last year, the highest on record. 

United Utilities has rewarded their three executives with a staggering £1,600,000 in base pay, bonuses and pensions. This is despite the firm pumping raw sewage into the local area, including the River Goyt.

Since 2020, executives at the water firm have paid themselves £13,108,000 in pay and perks. 

The local Liberal Democrats have called for a ban on all CEO bonuses within the water industry, as well as the firms to be reformed as “public benefit companies”. The reforms would put an end to profit before the environment and ensure their boards included environmental experts. 

Lisa Smart said: “Our local waterways are being pumped full of disgusting raw sewage, all whilst the water firm hand themselves insulting pay-outs. The whole thing stinks. These salaries and perks have reached eye-watering levels, yet Conservative Ministers refuse to act. 

“I was shocked that there was literally no mention of sewage in the King’s Speech.

“We have had to abandon planting a woodland because the land was so polluted by sewage that it simply wasn’t possible to carry out the improvements to the local environment.

“It is time to rip up United Utilities contract so it no longer puts profit before the environment. The firm is clearly not working how it should and is not listening to local concerns on sewage discharges. 

“This country’s water industry has become a gravy train where sewage and money flows freely. This is a scandal and happening on this government’s watch. 

“When will Conservative Ministers finally get tough on these polluting and profiteering firms? 

“These bonuses and perks need to be banned as long as the sewage scandal continues. Bonuses should be a reward for success, not committing environmental crimes.”

It’s Lib Dem Lisa or the Conservatives – Labour have never done better than third place at general elections here!"

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