The residents of East Sheen and Mortlake will all be paying large amounts of money to Thames Water.
This resident has just paid over £750 in the last year. That compares with £490 in the previous twelve months.
Meanwhile the Chief Executive receives a salary of £1.16m, which includes a recent pay rise of 9.9% awarded by the directors. The ‘Chief Restructuring Officer’ was paid £2.17m for his first full year of office.
A look at the list of directors will provide insight as to why none of them would blink an eyelid at these huge salaries. They will all probably ‘earn’ even more mouth-watering incomes. Which of them you might wonder would even be aware of the financial effect on those who have no alternative to paying their exorbitant charges.
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