MPs write to Yorkshire Water over £1.3m payments

Members of Parliament (MPs) have written to Yorkshire Water, seeking clarification regarding £1.3 million in payments made to the company's chief executive. The letter, signed by several MPs, expresses concerns about the substantial remuneration package and its potential impact on customer bills. The MPs are requesting detailed information about the criteria used to determine the chief executive's compensation, as well as an explanation of how these payments align with the company's performance and customer service levels. They have also asked for assurances that the payments were appropriate and did not contribute to rising water bills for Yorkshire residents. The letter highlights the ongoing scrutiny of the water industry's executive compensation practices, particularly in the face of concerns over the affordability of water services and the financial challenges faced by many households. The MPs' inquiry aims to ensure transparency and accountability in the management of Yorkshire Water, which is a crucial public utility service.