Controversial six-figure bonuses for Network Rail bosses have been approved, despite criticism from the prime minister and unions.
Members of the not-for-profit company's ruling body voted in favour of the pay package by 37 votes to 31, with nine abstentions.
Outgoing chief executive Iain Coucher will get £641,000.
David Cameron's office reiterated his deep disappointment at the decision, while union bosses were scathing.
"The Prime Minister said at the time that he was deeply disappointed," said a spokeswoman for Number 10.
"Now, clearly, they have voted for those bonuses, and his view remains the same."
Although Network Rail is technically a private company, it does not pay any dividends and is subsidised by the government.
Full story:
http://www.bbc.co.uk/news/business-10717381
The gravy train runs on and on, in fact it's the only train you can rely on.
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Network Rail bonuses approved
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La Poste
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Network Rail bonuses approved
No I'm not being paranoid, they really are out to get me.
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DirtyHarry
- Posts: 5051
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- Location: London
Re: Network Rail bonuses approved
And it's us, taxpayers, funding this chronic waste of vital money.
I'd have those bastards shot, and I'm not joking, I don't work my arse off all week, just so I'm taxed to pay for shyte like that.
I'd have those bastards shot, and I'm not joking, I don't work my arse off all week, just so I'm taxed to pay for shyte like that.