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February 06, 2012

Network Rail Bonuses........ Google... 6th February 2012

Network Rail: Justine Greening to 'vote against boss bonus'


Telegraph.co.uk - ‎2 hours ago‎

Justine Greening, the Transport Secretary, is to take the unprecedented step of voting against Network Rail's plans to award a bonus of £336000 to its chief executive at a key meeting this week. By Tim Ross, Political Correspondent However, ...

Network Rail bonuses can be blocked, Labour insists

BBC News - ‎3 hours ago‎
Labour has urged ministers to block six-figure bonuses for Network Rail bosses, insisting they have the power to prevent such payouts. It said ministers had to give written approval to any changes to payments. The transport secretary said on Sunday she ...

Rail bonuses 'need written consent'

The Press Association - ‎7 hours ago‎
The Government has to give written approval before Network Rail can award six-figure bonuses to executives, Labour have claimed. Shadow transport secretary Maria Eagle said her party had "discovered" the requirement for the Department for Transport ...

Minister seeks to block £20m rail bonuses for six Network Rail bosses

Daily Mail - ‎7 hours ago‎
By Jason Groves The Transport Secretary yesterday made a dramatic personal attempt to halt plans for a controversial £20million bonus package for six executives at Network Rail. Justine Greening said she would take the unprecedented step of attending ...

UK 'took holiday on renewing our tracks'

Financial Times - ‎12 hours ago‎
By Mark Odell, Transport Correspondent Sir David Higgins is only a year into the job as head of Network Rail. But he is adamant that he will not be around to finish the task of sorting out the overcrowded and ageing rail network.

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