Outrage as Network Rail bosses awarded GBP1m bonus Regulator 'surprised and disappointed'
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Summary
NETWORK Rail has defied pressure from politicians, unions and its own regulator to curb executive pay by agreeing bonuses worth more than GBP1.2m for its executive board.
In a bullish assessment of performance, Iain Coucher, chief executive of the not-for-profit company that owns and operates Britain's railway infrastructure, claimed yesterday it had had a "successful" year which was reflected in the bonus payouts.See the full content of this document
Extract
Outrage as Network Rail bosses awarded GBP1m bonus Regulator 'surprised and disappointed'
But the decision provoked outrage from opposition politicians and union leaders, who claimed it did not reflect the enormous problems on the West Coast Main Line, where around one in five trai...
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