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Railways: Network Rail

Volume 688: debated on Wednesday 24 January 2007

asked Her Majesty's Government:

What are the criteria against which bonus payments are made to the executives of Network Rail. [HL1363]

Network Rail is a private sector company and so decisions on bonuses paid to its executive directors are a matter for it, not for the Government. Network Rail's annual report and accounts 2006 provides information on the criteria for the award of such bonuses, and is available on the company's website,