London ‘tremendous sewer’ boss awarded £600,000 pay rise regardless of £100m price overrun | Water trade

[ad_1] The chief govt of the London “tremendous sewer” challenge has been awarded a £600,000 pay rise even because the agency revealed that the overall price had risen by £100m.

Andy Mitchell acquired pay of £2.5m for the yr to March 2025, up from £1.9m the yr earlier than, in keeping with accounts printed by the Thames Tideway tunnel builder, Bazalgette Tunnel Restricted.

The Tideway challenge is seen as a vital improve to London’s sewage system, which had been reliant on sewers designed in the course of the reign of Queen Victoria by Joseph Bazalgette. The sewer was a response to the “Nice Stink” of 1858.

London’s inhabitants has greater than tripled since then, and water air pollution has once more grow to be politically salient due to widespread disgust about sewage leaking into Britain’s rivers and seas. That has led to shut scrutiny of govt pay within the water trade, which is run as a collection of privately owned monopolies.

The 15.5-mile sewage tunnel runs largely below the Thames. It was initially on account of be accomplished in 2024 however was delayed by the Covid pandemic. The entire price has now reached £4.6bn, the Tideway firm stated, up from £4.5bn reported final yr and greater than £1bn over the preliminary £3.5bn estimate.

Mitchell’s pay enhance was largely pushed by £500,000 added to his “retention bonus”, which hit £1.5m. He acquired a base wage of £550,000, plus an additional bonus of £423,000 and unnamed “advantages” and pension contributions price £21,000.

Nevertheless, his complete pay was decrease than the £2.7m he acquired in 2023. Mitchell has beforehand labored on tasks together with Hong Kong airport and the Thameslink and Elizabeth rail strains in London.

The dimensions of the rewards on supply have been criticised, provided that the Tideway firm is funded by necessary additions to buyer payments.

Luke Hildyard, the director of the Excessive Pay Centre, a thinktank that tracks govt pay, stated: “The tradition of very excessive prime pay and excessive focus of earnings on the prime of the distribution within the UK is an actual downside for dwelling requirements. If a lot of the wealth generated by our economic system is captured by a tiny elite, it turns into a lot more durable to enhance life for everyone else.

“We'd like a plan to deal with this challenge and extra affordable pay ranges for quasi public service roles like this might be an apparent place to start out. Little doubt operating Tideway is a difficult function, however it additionally carries appreciable status and different non-financial rewards. It appears probably {that a} competent challenge supervisor may have been discovered with out requiring such extravagant govt pay awards.”

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Matthew Duncan, the Tideway firm’s finance director, acquired pay price £1.7m, up from £1.3m final yr.

A Tideway spokesperson stated: “The Thames Tideway tunnel is a world-class infrastructure challenge and probably the most complicated within the UK. It has been delivered inside the unique timetable and inside the fee vary estimate for invoice payers outlined earlier than we began work, at round £25 a yr. After 9 years of building and the work of round 25,000 individuals, it's now operational, defending the River Thames from hundreds of thousands of tonnes of sewage air pollution.

“Tideway’s remuneration displays the complexity of the engineering problem and takes account of schedule, price, well being and security and sustainability objectives. The rise is essentially as a result of cost of a long-term retention incentive that has supported constant management and the profitable supply of this important infrastructure challenge.”

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