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Thames Water gave finance boss a £1m signing-on fee

Thames Water gave finance boss a £1m signing-on fee

The seven-figure payment was given to Steve Buck as part of package to persuade him to join the troubled utility company.

August 10, 2026 at 11:48 AM Original source
1 agencies covered this story

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Notable Quotes

"The majority of the team were brought in recently to fix the problems the company faces and are not responsible for causing those problems."

— Sir Adrian Montague , Executive

"Money should be going into improving services, not remunerating already well-paid senior executives."

— Alistair Carmichael , Politician

"If we're not prepared to pay market rates, then they won't come to us and they won't stay with us."

— Chris Weston , Executive

All Coverage

Thames Water gave finance boss a £1m signing-on fee
BBC Newsvia rss 3 quotes 3 persons

The seven-figure payment was given to Steve Buck as part of package to persuade him to join the troubled utility company.

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