The Milton Keynes Liberal Democrats have slammed Anglian Water as their bosses rake in more than £2 million pounds in pay and perks.
A 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.
Last year, Anglian Water rewarded their 2 executives with almost £1million in base pay, bonuses, and pensions.
Now, local Liberal Democrats are calling for a ban on all CEO bonuses within the water industry, following reports that the firm pumped raw sewage into open water in Milton Keynes dozens of times in 2022.
Storm overflows were used 67 times within Milton Keynes’ local authority boundaries in 2022, figures from the Environment Agency reveal.
Since 2020, the executives at the water firm have paid themselves more than £8 million pounds in pay and perks.
MK Lib Dems have also called for firms to be reformed as “public benefit companies.”
Liberal Democrat Group Leader on Milton Keynes City Council, Councillor Robin Bradburn, said: “Our local waterways are being pumped full of raw disgusting sewage, all whilst Anglian Water hand themselves insulting pay-outs. The whole thing stinks. These salaries and perks have reached eye-watering levels, yet Conservative Ministers refuse to act.”
Councillor Robert Exon who sits on the Internal Drainage Board, added: “It is shocking that there was no mention whatsoever of sewage in the King’s Speech. It’s time that Anglian Water stopped putting profits and bonuses before the environment. The firm is clearly not working how it should and is not listening to local concerns on sewage discharges.”
Councillor Bradburn, concluded: “This country’s water industry has become a gravy train where sewage and money flows freely. This is a scandal and happening on the Government’s watch. When will Conservative Ministers finally get tough on these polluting and profiteering firms?”
