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Failing water firms banned from handing fatcat bosses £6.5million in bonuses
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The Mirror reports that Ofwat has blocked more than £6.5million in bonuses at nine water companies, mainly over their pollution records, and has brought forward its review of the bonus rules while criticising retention payments and base pay rises. It names every company, attributes the regulator's judgements to Ofwat and gives specific pay figures. Its tabloid tone is strong, but nothing in it misleads the reader about what happened.