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Thames Water issues massive bonuses to bosses… despite the ban on water bosses’ bonuses

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  • Post last modified:17 July 2026
Thames Water issues massive bonuses to bosses… despite the ban on water bosses’ bonuses

Anybody out there remember Ofwat issuing a ban on water bosses’ bonuses at the tail-end of 2025? Well apparently Thames Water doesn’t — it just increased its senior managers’ bonus payouts to an eye-watering £4.1m. As the Canary reported only yesterday, 15 July, the prospect of public ownership is looming over the failed, sewage-spewing water company. The company is currently buried under £18.5 billion of debt, up from £16.8 billion a year ago, and is set to run out of money at the end of the year. What better time for the bosses to cut themselves a nice fat paycheck, eh? Job well…

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Critical minerals deals give a massive boost to Trump’s cronies

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  • Post last modified:11 July 2026
Critical minerals deals give a massive boost to Trump’s cronies

Trump is synonymous with the grift. He is grifting on critical minerals deals too, unsurprisingly. Incoming reports show that the administration’s push to secure these resources has become a family-and-friends cash cow. Trump’s sons and Commerce Secretary Howard Lutnick’s children are especially positioned to profit from billion dollar deals. Cantor Fitzgerald — led by Lutnick for more than 30 years before he handed ownership to his children after becoming Trump’s Commerce Secretary — is all over these deals. Critical minerals: Hottest cash cow The New York Times (NYT) reported that the Trump administration has provided, or is considering providing more than…

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