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Rail sell-off has trebled fares on First Great Western
First Great Western has hiked fares by 246%Rail fares have more than trebled on the busiest routes since the railways were sold off by the Tories twenty years ago, the TSSA revealed today.Independent research carried out for the union showed the biggest hike has been on First Great Western where...
Network Rail boss stripped of £371k golden goodbuy (He'll only take £1m this year )
 from: http://www.telegraph.co.uk/news/uknews/road-and-rail-transport/11315730/Network-Rail-boss-Robin-Gisby-stripped-of-371k-golden-goodbye.htmlNetwork Rail boss Robin Gisby stripped of £371k golden goodbyeManaging director of network operations who oversaw Christmas rail chaos will now...
Bonuses significantly reduced for Network Rail directors
Network Rail’s remuneration committee has decided to award bonuses significantly below target to the company’s executive directors for the 2013/14 financial year.The decision reflects mixed results on key performance objectives during the year, but recognises well-managed recovery from a...
HS2 hire Network Rail chief on £750,000 a year !!!
from: http://www.telegraph.co.uk/news/uknews/road-and-rail-transport/10579479/HS2-hire-Network-Rail-chief-on-750000-a-year.htmlHS2 hire Network Rail chief on £750,000 a yearHS2 risks controversy by hiring a Network Rail executive on £750,000 a year to help run the projectBirmingham and Fazeley...
Network Rail bosses new £10m bonuses plan
Network Rail bosses have drawn up a new long term bonus plan which could earn them over £10 million in double bonuses over the next three years, the TSSA union revealed.The scheme, to be approved at the taxpayer funded firm's agm next month, will pay out up to 100 per cent of annual...
Network Rail announces "reduced" bonuses for its directors
A year that saw some successes as well as some targets missed has resulted in a significantly reduced annual bonus for Network Rail’s five executive directors.The financial year 2012/13 saw: Passenger satisfaction reach a record high – 85% Passenger numbers reach 1.5bn for the first...
Network Rail accused of "rewarding failure" with £600k bonus for 4 bosses
 from: http://www.express.co.uk/news/uk/390715/Rail-chiefs-600-000-bonuses-reward-failureRail chiefs' £600,000 bonuses 'reward failure'NETWORK Rail was accused of "rewarding failure" yesterday after giving four bosses taxpayer-funded bonuses totalling more than £600,000.By:...
'Fat Cat' rail bosses' six-figure salaries revealed by FOI requests
 'Fat Cat' rail bosses' six-figure salaries revealed by FOI requestsTrain company chiefs have been accused of “fat cat” behaviour after it was revealed they enjoy six figure salaries as passengers endure misery and ticket price hikes.   By Telegraph...
Ministers must halt Network Rail bosses millionaires' club says TSSA
Network Rail bosses have drawn up a blueprint for a new double bonus scheme that will turn them into millionaires, it was said today.TSSA leader Manuel Cortes called on Ministers to halt the scheme which could see Sir David Higgins and four executives earn bonuses of 125% on top of their current...
Three rail bosses in line for £1.2m pay packages as commuters race rocketing fare rises
 Three rail bosses in line for £1.2m pay packages as commuters race rocketing fare risesRead more: http://www.dailymail.co.uk/news/article-2261996/Three-rail-bosses-line-1-2m-pay-packages-commuters-race-rocketing-fare-rises.html#ixzz2HwUCrc5O Three rail bosses in line for £1.2m pay...

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