Rail firm hails train punctuality (BBC News)

RF News · #1 6th June 2008, 08:25

Network Rail sees a £1.2bn annual profit and says that train punctuality was at record levels in 2007/8.

More from BBC News...

Foghut · #2 6th June 2008, 18:09

Quote:

Originally Posted by BBC News

But the firm was fined £14m after engineering work over-ran during the Christmas and New Year period.
It was the biggest financial penalty ever imposed by the Office of Rail Regulation (ORR).

And is that £14m fine which the taxpayer originally provided going to be put back into the railway?.....Is it b*****x. It's going to the Treasury!!!

So instead of punishing Nitwit Rail and benefitting the railway, the ORR (ie, the Government) has effectively pocketed the money for itself, and deprived the railway of the money it badly needs. That doesn't punish NR so much as slap the travelling public in the face.

So no surprises there then

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