Network Rail directors forego bonuses, but deny Greening comments influenced decision

Network Rail’s executive directors have agreed to forego their bonuses this year, and the Board has postponed Friday’s AGM to consider how to incentivise executive performance in the future. The decision to re-view executive directors’ performance related incentives comes against the backdrop of government concern on executive pay across industry. That position was reinforced on the BBC’s Sunday Politics programme with Transport Secretary Justine Greening stating that...