Question to the Department for Environment, Food and Rural Affairs:

To ask the Secretary of State for Environment, Food and Rural Affairs, whether the Water Reform Bill will prohibit performance-related payments to water company directors made through parent and holding companies.

Ofwat will report later this year on its assessment of compliance with the bonus rules for 2025-26 performance-related executive pay. We will not tolerate any attempts to undermine the bonus rules. Ofwat will be reviewing the bonus rules to assess if and how the rules should be tightened.