Anglian Water bosses bonuses hit £6,091,588 as Lib Dems call for Ofwat to be abolished

The Liberal Democrats have today announced that their manifesto will include a plan to abolish Ofwat and replace it with a new regulator with real teeth that can crack down on water companies dumping filthy sewage into rivers and beaches.

The Liberal Democrats, who have led the campaign against sewage pollution for over three years, will unveil the boldest offering of any political party on the sewage scandal.

The party’s manifesto includes a pledge to scrap the current regulator Ofwat, and replace it with a new regulator with far more power.

It comes as the party has revealed that Anglian Water bosses bonuses hit £6,091,588 since 2019 despite the ongoing sewage scandal.

The proposed new regulator by the Liberal Democrats would ban all water company executive bonuses, fine water companies for sewage pollution and ensure the industry is fully transparent with the public over their polluting habits.

The regulator would be applicable to the water industry in England and Wales.

Liberal Democrat parliamentary candidate for St Neots and Mid Cambridgeshire, Ian Sollom said:

“Ofwat in its current form is clearly not fit for purpose. It has failed to hold polluting water companies to account. It has failed to protect our environment.

“Our water industry is in desperate need of reform, but this Conservative government has been idle as sewage has continued to be dumped into our waterways.

“Liberal Democrat plans for a new regulator would stop the bonuses and force Anglian Water and other water companies to protect our environment.”