Michael Gove warns water companies over 'concerning' behaviour

Environment secretary signals crackdown on executive pay and offshore financial arrangementsMichael Gove has called for a crackdown on excessive executive pay and offshore financial arrangements within water companies, warning that concern about corporate behaviour could grow if customers face a hosepipe ban later this year.In a letter to Jonson Cox, chairman of Ofwat, the environment secretary said the government was prepared to hand more power to the industry regulator to help it tackle such p