This from the Gruaniad...
Transport for London chiefs have drawn up plans to freeze around 1,000 managers' pay and review bonuses as significant improvements to the tube are hit by a multibillion-pound funding gap.
Meanwhile TSSA's Gerry Doherty (who can't see a bandwagon without jumping on it) demanded Iain Coucher follow the example of TfL and freeze his £500,000 salary and scrap his £600,000 annual bonus.
Of course it is completely unfair of Doherty to compare TfL with NR!
They are of course completely different organisations
Transport for London is a "public sector organisation".
Transport for London receives many millions of pounds from the taxpayer. Without the money from the taxpayer it could not exist. Managers have to be careful to spend taxpayers hard earned money carefully, as waste can cause public resentment or anger.
Network Rail on the other hand is a "private company".
Network Rail receives many millions of pounds from the taxpayer. Without the money from the taxpayer it could not exist. Managers have to be careful to spend taxpayers money carefully. However, as a "private company" it is okay to spend taxpayers hard earned money on large bonuses or salaries. This can still cause resentment or anger.
The Eye hopes the difference between the two is now clear.
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