Monday, 6 February 2012

Network Rail Bonus Statement

This from Network Rail...


The board of Network Rail has decided to recommend to its members that this Friday's meeting be adjourned. The board will take the opportunity to reflect further on how to incentivise performance in the company against the backdrop of the current context. It will continue to consult the Secretary of State on wider issues of governance in advance of the government's command paper.

Chairman, Rick Haythornthwaite, said:

"Friday's meeting was not to approve a specific annual bonus payment for Executive Directors, but rather to amend a previously approved long term incentive scheme to ensure additional external scrutiny of performance.

"The issue of annual performance payments would only arise if Network Rail surpassed stretching performance thresholds and would only be decided in May after the end of the financial year.

Chief executive, David Higgins, said:

"Even if this situation does arise this year, I and my directors decided last week that we would forego any entitlement and instead allocate the money to the safety improvement fund for level crossings. I can confirm that remains our intention."

The Secretary of State was informed of the decision to recommend adjournment this morning.

What a bloody mess. This will not help attract good people to the railways.

Grand Central appoints new MD

This from the Northern Echo...

At that time York based Grand Central, employing 125, said it would continue with the same management team, but now Arriva has announced its managing director Tom Clift is to leave.

Mr Clift, who has been in his role since the firm's launch, said: "I have enormous pride in the small, committed and professional team that has worked so hard to make Grand Central the success it is today.

Richard McClean will become managing director of the open access operator, in addition to his current role as managing director of Arriva's Tyne and Wear Metro operation.

Heil Bahn!

Clog Rail tells staff 'prepare for passenger anger'

A big Eye welcome to Greater Anglia, the former NXEA franchise now operated by Abellio.

So how goes the new franchise on its second day?

Putting aside the the non-availability of its website for most of yesterday and the revelation that 30 services have already been cancelled this morning, all is well (shurely shome mishtake. Ed).

The new franchise's captive commuter customers will of course also be delighted by Clog Rail's cost saving measure that saw 9 Class 317/7 units returned to ROSCO Angel before the franchise even started.

Passengers on routes from Liverpool Street to Ipswich, Witham, Colchester Town, Harwich International and Norwich are already benefiting from trains formed by 2 x 321 units rather than the usual 3 x 317/7 units.

No matter. How else will they get to work?

At least Clog Rail has improved communications with its people. Station staff have received an email instructing them to "prepare for customer anger" as short formed 8 car trains trundle into stations rather than the usual 12.

Meanwhile, the Captain of Netball continues her crusade against Network Rail bonuses, curiously omitting to berate her own officials for deliberately consigning hard pressed East Anglian passengers to overcrowded journeys.

But then populist grandstanding is so much easier than meeting passenger needs.

UPDATE: This from Fen Boy...

Knowing Eye's love for bustitution I'm surprised you didn't pick up on this other DfT inspired East Anglian transport triumph.

The Go Whippet website yesterday afternoon had a message informing would-be travellers that services over the Busway were "suspended for the rest of the day".

One can only assume that there were "operational difficulties" as a result of the 4-6 inches of snow that had fallen in the area overninght Sat/Sun.

Thank you DfT for dumping a hugely costly guided busway on us that falls over at the hint of snow.