Early day motion tabled by primary sponsor Rob Marris (Labour), on Thursday, 21 July 2005, in the House of Commons. It is signed by 23 members in total.

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SENIOR DIRECTORS' BONUSES AT NETWORK RAIL

That this House notes that Network Rail has yet to ensure that the performance of the rail system has returned to its pre-Hatfield level; further notes that the Office of Rail Regulation has criticised Network Rail for failing to meet its investment and renewal targets and for breaching its operating licence by failing to provide timetable information timeously enough to enable the advance purchase of discounted passenger tickets not later than 12 weeks prior to the date of travel; expresses its great surprise at Network Rail's plans to pay to four of its senior directors large bonuses of up to ??250,000 equivalent to more than 50 per cent. of their salaries, whilst stifling discussion of this issue at its 2005 Annual General Meeting; and urges the company to conduct forthwith a thorough and transparent review of its directors' bonus scheme.

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Secondary information

Type

Early day motion

Reference

677 

Session

2005-06

Other sponsors

John McDonnell

Mike Hancock

Rudi Vis

Betty Williams

Bob Russell

Subjects

Directors Incentives Network Rail Standards

Link

View this Early day motion on www.parliament.uk