#UK The 'fat cat' rail bosses who are set to receive up to £4.2M in pay packages this year #UKnews

#UK The ‘fat cat’ rail bosses who are set to receive up to £4.2M in pay packages this year #UKnews

#UK The ‘fats cat’ rail bosses who are set to receive up to £4.2M in pay packages this year #UKnews

Table of Contents

REVEALED: The ‘fats cat’ rail bosses who are set to receive up to £4.2M in pay packages this year… whereas passengers face file fare hikes, cancellations and strikes

  • Some executives may earn £4.2m this year regardless of year of disruption
  • Graham Sutherland, CEO of FirstGroup is in like for £3m remuneration bundle
  • A spokesman for the Rail Delivery Group, which represents all operators, stated: ‘We need to pay salaries that mean we can attract the best talent’ 

Train bosses are in line to receive multi-million pound pay packages this year as passengers face file fare hikes, cancellations and strikes.

A Daily Mail investigation reveals some executives may earn as a lot as £4.2 million regardless of a year affected by poor punctuality, engineering works and the worst strikes disruption in a long time – with extra to come.

The Government bailed out the railways to the tune of £16 billion throughout the pandemic, which means taxpayers’ cash has helped subsidise the bumper pay packets. And subsequent year passengers can count on fare will increase of between 6 and eight per cent – the biggest on file.

Graham Sutherland (pictured), the CEO of FirstGroup, is in line for a remuneration package worth up to £3 million

Graham Sutherland (pictured), the CEO of FirstGroup, is in line for a remuneration bundle price up to £3 million

A Daily Mail investigation reveals some executives could earn as much as £4.2 million despite a year plagued by poor punctuality, engineering works and the worst strikes disruption in decades

A Daily Mail investigation reveals some executives may earn as a lot as £4.2 million regardless of a year affected by poor punctuality, engineering works and the worst strikes disruption in a long time 

The Government bailed out the railways to the tune of £16 billion during the pandemic, meaning taxpayers¿ money has helped subsidise the bumper pay packets

The Government bailed out the railways to the tune of £16 billion throughout the pandemic, which means taxpayers’ cash has helped subsidise the bumper pay packets

Despite all this, Graham Sutherland, the CEO of FirstGroup, is in line for a remuneration bundle price up to £3 million.

The agency owns 70 per cent of Avanti West Coast, which cancelled one in six providers in the four-weeks to July 23. It has additionally lowered providers between Manchester and London till additional discover.

Boss of Go-Ahead, Christian Schreyer (pictured), could earn up to £1.37 million this year

Boss of Go-Ahead, Christian Schreyer (pictured), may earn up to £1.37 million this year

Rupert Soames (pictured), chief executive of Serco, which operates the Caledonian Sleeper and part controls Merseyrail, could earn £4.2 million if he hits his performance targets

Rupert Soames (pictured), chief govt of Serco, which operates the Caledonian Sleeper and half controls Merseyrail, may earn £4.2 million if he hits his efficiency targets

Boss of Go-Ahead, Christian Schreyer, may earn up to £1.37 million this year. Go-Ahead has a 65 per cent stake in Southern, Great Northern, Thameslink and Gatwick Express. Rupert Soames, chief govt of Serco, which operates the Caledonian Sleeper and half controls Merseyrail, may earn £4.2 million if he hits his efficiency targets.

Tory MP Greg Smith, who sits on the Commons transport committee, stated: ‘I’ve obtained no objection to massive pay packages…however what we’re seeing on the railways immediately is something however first-class as my constituents wrestle to even get a seat on rush hour trains.’ A spokesman for the Rail Delivery Group, which represents all operators, stated: ‘We need to pay salaries that mean we can attract the best talent.’

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