Thursday, June 28, 2012

Railway bosses give themselves average salaries of £1million as passengers face fare hikes

The Daily Mail reports:

Bosses of the five main companies that run the nation’s railways have paid themselves average salaries of £1million. 

Critics say the rises are ‘scandalous’ at a time when passengers face inflation-busting fare hikes.
Millions had to cope with fare rises of up to 11 per cent this year and more increases are in the pipeline for next year. 

The pay rises, before bonuses, pension contributions and share-options, come as taxpayer subsidies to rail top £4billion a year. 

You can read the whole article here.

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