Monday 21 July 2008

Little piggies

The Tories have also put the boot into Network Rail following the publication of today's TSC report.

Theresa Villiers, the eminently forgettable Shadow Secretary of State for Transport said:

"This report confirms the points the Conservatives have been making for years - that Network Rail is not accountable to its customers.

Handing out fines of millions of pounds which the taxpayer picks up is pointless when the senior management at Network Rail can collect six figure bonuses in a year which saw them preside over the fiasco at Rugby, Liverpool Street and Glasgow."

Wise words indeed.

However, Coucher and co have no need to panic yet. Whilst everyone else is talking about reform to NR corporate governance DafT remains to be convinced.

And as long as NR continues the pretence of being a 'private company', whilst acting under Marsham Street direction, then next year's refill of the bonus trough is assured.