Network Rail’s ￡6 Million Man Under Fire
Friday, July 24, 2009 17:32Rail boss Iain Coucher was labelled as “the Six Million Pound Man” as protesters angry at the huge bonuses received by Network Rail directors gathered outside the company’s annual general meeting.
An actor dressed as the Fat Controller waved a banner carrying a picture of the chief executive with the words: “Wanted: The Six Million Pound Man. Iain Coucher has been paid ￡6 million by NR in the past seven years. Nice work if you can get it.”
Public members of the not-for-profit NR threatened to dominate the meeting with rows over the six=figure bonuses. But directors are set to defy mounting anger and keep their money.
A pre-AGM meeting of NR members in Bristol last night was “overwhelmingly hostile” to the bonuses. Chairman of the House of Commons Transport Committee—Louise Ellman said that NR must become more accountable.
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