Submitted by matthew barker on Monday 16th June 2025
Published on Wednesday 16th July 2025
Current status: Closed
Closed: Friday 16th January 2026
Signatures: 503
Relevant Departments
Tagged with
billions ~ Change ~ change law ~ climate change ~ Companies ~ Declare ~ Events ~ Executive ~ failure ~ Growing ~ investment ~ Law ~ market ~ measures ~ Ofwat ~ Payment ~ Penalty ~ Population ~ Shareholders ~ Special Measures ~ The Law ~ Water Companies
Change law: OFWAT to block dividends & executive bonuses when rationing water
Change the Water (Special Measures) Act to require OFWAT to block executive bonuses and payment of shareholder dividends in the event of water companies declaring water rationing measures.
Water companies have paid billions in shareholder dividends and bonuses while neglecting to make adequate investment in future proofing our water infrastructure to keep up with climate change or a growing population. We think the government should intervene and change the law to correct a market failure, by requiring OFWAT to apply financial penalties to shareholders and executives in the event of implementing water rationing.
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216.73.217.17 Wed, 24 Jun 2026 12:02:08 +0100
