This disgusting license to steal customers money needs to be stopped, and not just Thames Water but every single privatised water company in England.
Water is a necessity for life, and a human right. Its supply in England should never have been privatised by that evil cunt, Thatcher (may she rot in hell), and the greedy corporate jizz-moppers that latched onto a licence to print money by exploiting a captive customer base with zero competition whatsoever, while neglecting their own network and shamelessly repeatedly breaking the law on sewage treatment, should be sent fucking packing.
Here’s the news on the BBC: https://www.bbc.co.uk/news/articles/c9d841yexe0o
Thames Water paid its finance chief a £1m signing-on fee in July as the company struggles with a mountain of debt and faces temporary nationalisation.
Steve Buck joined the company in April 2025 but it is understood the seven-figure payment was not made until last month after the company had taken legal advice over its contractual obligations.
The money is believed to have come from emergency funding provided by Thames Water’s lenders.
The utility company owes roughly £20bn and has been working with creditors and government officials to find a way forward.
In the past year, Thames Water boss Chris Weston saw his pay increase 14% to £1.63m while other directors received bonuses totalling £4.1m.
Speaking on the BBC Big Boss interview late last month, Weston acknowledged there was anger about Thames Water pay, but argued that the company needed to be able attract “capable people to help turn this company around”.
“If we’re not prepared to pay market rates, then they won’t come to us and they won’t stay with us,” he said.
Fuck you Chris you fucking cunt. The company needs “turning around” because cunts like you have taken money from your captive customer base and used it to enrich yourselves while neglecting those customers.
You’ve put my water bills up almost 100% in the last few years, for what? You don’t seem to have been using the money you extort from us to improve the network. You’ve been dumping sewage illegally. You’ve been paying yourselves millions and millions in salary and bonuses and dividends, while whining that you need to put prices up even more because as a company you’re skint.
There’s a reason for that, mate. Look in the mirror and take a fucking pay cut you greedy shitstains. You do not deserve this salary.
“Waaaah, but our greedy Boys Club chums won’t come join the extremely lucrative gravy train we’ve crafted from the basic human right we monetised if we can’t use the money we’ve extorted from our customers to pay ourselves obscene salaries, waaaah! Do you have any idea how much debt we’ve had to saddle this business with in order to keep paying ourselves and our shareholders before we even consider doing what we’ve meant to have spent the last few decades doing?”
Yeah you’re so close to getting it you greedy fucking shitbag.
So who is this cunt who’s worth a million quid they don’t have just for signing up to receive millions more in salary that they don’t have? Let’s quote the Thames Water website:
Steve is an experienced board-level CFO with proven expertise in capital-intensive and regulated industries, including infrastructure, utility and customer services. He is an expert in navigating complex regulatory processes, financial restructures and pioneering initiatives such as the launch of a UK green bond.
Before joining Thames Water, Steve was CFO at Pennon Group and Anglian Water. Prior to this, he was at Centrica for 11 years, where he held a number of senior roles, including as Group Head of Finance and Transformation and as the Finance Director of British Gas. He has previously worked for Thames Water from 2002 to 2007.
Seems like Steve is well liked amongst companies that exist to exploit a basic human necessity and a captive customer base. I wonder why.
Fuck Steve, fuck Chris, and fuck Thames Water. No fucking shame. No fucking morals. No fucking ethics. Just greed all the way to the top.