Bloomberg, 23 August 2022, Water Companies Risk Bonus Backlash as Sewage Taints UK Beaches

ShareSoc director Cliff Weight was quoted on Bloomberg UK’s website, commenting on how salaries and bonuses for water company executives rose by more than a fifth last year, despite the news of leaks and hosepipe bans.

“Companies are wrong to ignore the PR implications of pay,” said Cliff Weight, director of ShareSoc, an organization that supports individual investors. “The outcome can only lead to tougher tax and regulatory regimes which will not be in the best interests of long-term shareholders.”

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