Monday, 6 February 2012

No £336,000 Network Rail bonus says Leech

Chorlton Lib Dem MP, and Transport Select Committee member John Leech today argued that Railtrack’s Chief Executive Sir David Higgins should not receive a £336,000 bonus.

“I accept that Sir David has improved the company. However, he gets a basic salary of £560,000 and I think that is reward enough for the job he does.”

John also criticised the last Labour Government for not dealing with the bonus culture when they were in power.

“Labour set up the system that allowed a bonus like this to be paid. They never voted against a bonus or wrote to Railtrack flagging up their concerns. It is a bit rich for them to ask for action now.”

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