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MPs question Thames Water executives over £2.5 million in controversial bonuses and a failed rescue deal.
Thames Water executives face further questioning by MPs over £2.5 million in bonuses paid to senior staff, which cannot be recovered under new regulations. The company had paused plans to pay £18.5 million in bonuses to 21 executives following criticism. MPs will also question the company about private equity firm KKR's withdrawal from a £4 billion rescue deal, raising concerns about the company's financial stability.
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