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London Regional Transport

Volume 116: debated on Monday 11 May 1987

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asked the Secretary of State for Transport (1) what is the current salary of the chairman and each member of the London Regional Transport board;(2) what are the proposed salaries for the chairman and other members of the London Regional Transport board for the 1987–88 financial year.

Current annual salaries of the board members of the LRT are as follows:

MemberSalary £Time commitment
Chairman
Sir Keith Bright59,500Full time
Deputy Chairman
Mr. D. Hardy14,7501½ days per week
Full-time members
Dr. T. M. Ridley47,500Full time
Mr. J. Telford Beasley46,500
Mr. B. Dale46,500
Part-time members
Sir Neil Shields17,250Two days per week
Mr. K. Brown5,250half day per week
Miss E. Cole
Dr. S. Glaister
Mr. K. Joyner
Mrs. H. Robinson
Miss P. Steel
These salaries fall due for review later in the financial year.

asked the Secretary of State for Transport if he will list all London Regional Transport's subsidiary companies and their directors.

The five subsidiary companies of LRT and their directors are as follows:LONDON UNDERGROUND LIMITED

Chairman and Managing Director:

  • Dr. T. M. Ridley

Executive Directors:

  • J. E. Allen
  • W. R. Clarke
  • L. S. Lawrence
  • Dr. H. A. Fitzhugh
  • R. N. Straker

Non-Executive Directors:

  • B. G. Dale
  • B. J. Hooper
  • R. F. Dorey
  • D. W. Turner

LONDON BUSES LIMITED

Chairman and Managing Director:

  • J. Telford Beasley

Executive Directors:

  • I. G. Harkness
  • C. Hodgson
  • J. E. Ingleton
  • D. H. Peeler
  • T. J. Lowe
  • N. V. Cohen

Non-Executive Directors:

  • B. G. Dale
  • Mrs. R. Day
  • D. N. McLure
  • M. T. Smith

LRT BUS ENGINEERING LIMITED

Chairman:

  • W. R. Fairhall

Executive Directors:

  • M. G. Gormally
  • I. G. Higgins
  • R. T. Parker
  • A. Fishwick

Non-Executive Directors:

  • B. G. Dale
  • B. J. Hooper

LONDON TRANSPORT INTERNATIONAL SERVICES LIMITED

Chairman:

  • Dr. T. M. Ridley

Managing Director:

  • D. T. Coughtrie

Non-Executive Directors:

  • Sir Keith Bright
  • J. Telford Beasley
  • B. J. Hooper
  • L. S. Lawrence
  • Sir Peter G. Masefield

DOCKLANDS LIGHT RAILWAY LIMITED

Chairman:

  • D. W. Hardy

Managing Director:

  • C. F. Bonnett

Non-Executive Directors:

  • B. G. Dale
  • Dr. T. M. Ridley
  • Miss P. A. Steel

asked the Secretary of State for Transport how many penalties have been incurred by operators of London Regional Transport tendered bus routes over the last 12 months.

Contractual penalties incurred by operators of LRT tendered bus routes are a commercial matter entirely for LRT.

asked the Secretary of State for Transport when he intends to publish a timetable for the deregulation of bus services in London.

We have made clear our intention to extend bus deregulation to London in due course. No firm timetable has yet been decided.

asked the Secretary of State for Transport which subsidiary companies of London Regional Transport he has directed to provide him with annual statements of accounts; and from where copies may be obtained.

London Regional Transport's subsidiary companies are subject to the Companies Act requirements regarding disclosure of annual accounts.

asked the Secretary of State for Transport what bodies will be responsible for paying for subsidies for non-commercial bus routes in London in the event of the deregulation of bus services.

asked the Secretary of State for Transport from what date he expects London Regional Transport to be operating with zero revenue subsidy.

I expect that before the end of the decade LRT's increasing efficiency in providing transport services which attract increasing numbers of passengers will eliminate the need for revenue support to cover the overall difference, before depreciation, between operating costs and income. That would leave only a requirement for support in aid of investment.