Oh, the joys of unfettered capitalism!
“The boss of Britain’s worst rail company subjecting passengers to daily delays has been awarded a £2million pay deal.
David Brown, chief executive of Go-Ahead, saw a 10 per cent rise in his overall package for June 2014-2015, despite the poor performance of its rail franchises.
It also more than doubled from £924,000 the previous year, and £36.7 million was paid out to shareholders in dividends, up from £34.7 million the year before.
The huge payouts and increase in pay package revealed were branded ‘a national disgrace’ by a union boss.
After the figures emerged, one commuter write on Twitter: ‘Thank you for fleecing the entire commuting public.’
Mr Brown is the boss of Go-Ahead, which runs a number of companies including GTR, the operator of rail franchises Southeastern, Thameslink and Great Northern.
A survey by Which? found that passengers voted it the worst rail company in the country, with a satisfaction rating of just 46 per cent.
GTR also had the most delays and cancellations caused by a lack of train staff between April 1 2013 and December 12 last year with 62,000 incidents, according to Office of Rail and Road figures.
But last year, it warned passengers to expect three more years of misery until renovations to London Bridge station were complete.”
East Devon Watch 