Water company fat cats give Labour a soft target for nationalisation talk

Remuneration committees have put too much stock in balance sheets over common senseThe GMB union makes a fair point about pay at the top of the privately owned English water industry. When a few individuals can collect almost £2.5m a year for running local monopolies, remuneration committees have spent too much time looking at consultants’ spreadsheets and too little employing common sense.Yes, these businesses are large, important and must spend serious sums on new infrastructure ev