Tag Archives: Network Rail

Rail network has ‘deteriorated’ despite fare increases and large executive salaries

Despite inflation-busting fair increases and big salaries for its executives, a report by the Office of Rail Regulation has produced a damning report on the state of the railways.

Posted in Public Services for All | Also tagged , , , | 1 Response

More Pain for Passengers Today?

TweetMark Rowney is a research fellow at IPPR. Network Rail announced today a new infrastructure investment programme of £37.5 billion to be spent from 2014 to 2019, which is to be welcomed. Infrastructure projects add to the UK’s long-term productive capacity and, according to the OBR, are the most effective form of public spending or […]

Posted in Sustainable Economy | Also tagged , | 5 Responses

Network Rail fat cats to trouser £1.7m in bonuses – as fares skyrocket 11%

Three Network Rail bosses, who already earn between £360,000 and £560,000, will receive £300,000 each in “golden handcuff” payments to keep them at the company.

Posted in Good Society | Also tagged , , | 22 Responses

Network Rail must be mutualised to ensure good governance for the future

Joe Fortune calls for Network Rail to be mutualised, in an effort to ensure not only short-term good management, but long-term good governance.

Posted in Public Services for All | Also tagged , , , , , | 16 Responses