Speeches sourced from the Labour party’s online archive More…

Maria Eagle MP, Labour’s Shadow Transport Secretary, commenting on bonuses being paid at Network Rail, said:

“Commuters facing inflation-busting fare rises will be outraged at the scale of the bonus packages being enjoyed by a few at the top of the rail industry. This comes on top of the Tory-led Government cutting taxes for the most well off while millions pay more.

“With many passengers facing overcrowded services and too many delayed and cancelled trains, it is wrong for Network Rail to be paying out such large sums to its senior managers. It will particularly anger passengers that these bonuses are being paid for a year when Network Rail has failed to meet its own performance target on train punctuality.

“Ministers must now act and make clear that bonuses on this scale are simply not appropriate in a company that receives nearly four billion pounds of taxpayers’ money every year.

“At a time when people are struggling to make ends meet, this out of touch decision will simply add to the growing feeling that we need real reform to the way the rail industry operates in Britain.”

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