UK: Fury as National Rail bosses get six-figure bonuses despite chronic delays

Rail bosses are paying themselves £1.2million in bonuses despite presiding over chronic delays.

Iain Coucher, chief executive of Network Rail, picked up a £150,000 bonanza, taking his pay package to nearly £1million. One of five other bosses cashing in received £319,000.

Critics said the board members were riding a taxpayer-funded 'gravy train'. Network Rail was also accused of trying to play down the payments by making them public when Michael Jackson's death was dominating the headlines.

The announcement came after the company's bosses were lambasted for failing to deliver a good service on the flagship West Coast main line between London and Scotland.

The bonuses, which are decided by Network Rail's remuneration committee, were released with the publication of its annual report.

Gerry Doherty, leader of the TSSA union, said: 'Iain Coucher and his cronies win the Brass Neck of the Year award for taking these completely unjustified bonuses.

'They are treating passengers and ministers with contempt. And their cynicism in trying to bury bad news on the day of Michael Jackson's sad death is truly breathtaking.'

The six top directors paid themselves £1.21million in bonuses on top of salaries worth a combined £2.5million. They also topped up their pension pots with £378,000 of supplementary payments and £295,000 in other benefits.

http://www.dailymail.co.uk/news/article-1195748/Fury-National-Rail-bosses-figure-bonuses-despite-chronic-delays.html

UK: Fury as National Rail bosses get six-figure bonuses despite chronic delays

UK: Fury as National Rail bosses get six-figure bonuses despite chronic delays

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