Network Rail Fined

  Monoux 13:07 28 Feb 2008

I see on teletext that Network Rail has been fined £14m for delays in repairs over the Christmas period.
On the same day the fine is announced the head of Network Rail is being knighted by the Queen.

Good 'ere init

  jakimo 14:08 28 Feb 2008

Whats wrong with the fine is that its going into the treasuries coffers instead of those fare paying customers who suffered the inconvenience of the delays

  peter99co 14:11 28 Feb 2008

The fine is coming out of Network Rail Profits which is from ?

  Goofyish 16:39 28 Feb 2008

Can't see what a fine really achieves! It just takes away money that would probably been spent on improving the rail network and so probably causing more delays in repair work......

  Fruit Bat /\0/\ 17:47 28 Feb 2008

Who's paying the fine?

Track access charges to the train opertaing companies will be increased to cover the cost.

TOCs will then pass on this increas to the fare paying public.

  peter99co 18:26 28 Feb 2008

I think a Treasury official makes out a cheque to another Treasury official after getting Mr Darling to rubber stamp it on the back to confirm the account in case it gets lost in transit.Or is it sent by non-secured cd.

  €dstowe 18:32 28 Feb 2008

The next round of fare increases will be earlier or bigger or, more likely, earlier AND bigger.

  spuds 23:24 28 Feb 2008

Perhaps that should have meant 'The Taxpayer Is Being Fined', because thats were the money will be coming from, according to todays media reports.

Now if the government was to demand the return of huge bonuses and the like from the directors, then things may improve perhaps?.

  laurie53 07:55 29 Feb 2008

"Now if the government was to demand the return of huge bonuses and the like from the directors"

And who would offer them, the members of the government, their directorships in turn when they retire?

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