Fresh bonus row after regulator slates Network Rail for poor punctuality [Telegraph]





Date: 20/12/2011

Network Rail’s poor performance triggered a fresh row over the executive bonus scheme with Justine Greening, the Transport Secretary, saying that payouts next year would be unjustified. She intervened after the regulator found that the infrastructure company was in breach of its licence conditions. Long distance train services are classed as running on time if they are less than 10 minutes late when they arrive at their destination. But according to the ORR the latest statistics showed that only 87.1 per cent of trains were meeting the target, well short of the 90.9 per cent target. At the same time freight delays are also 32 per cent higher than they should have been. “Network Rail has achieved a lot in recent years, but while it signed up to improve performance year-on-year, its performance is now worsening,” said Richard Price, the ORR’S chief executive. [From Mark Bartlett]


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Fresh bonus row after regulator slates Network Rail for poor punctuality

Telegraph

Nearly 15 per cent of long distance trains are running late according to the Office of Rail Regulation.

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