UK MPs say Railtrack bonuses 'unjustified'
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UK MPs say Railtrack bonuses 'unjustified' |
| The Commons Public Accounts Committee said in a report that the Office of the Rail Regulator had not set out Railtrack's maintenance responsibilities properly. After privatisation, the ORR did not have adequate information on the condition of the network, so contracts were weak and the regulatory regime had serious deficiencies, the MPs said. The BBC's Simon Montague reports:
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Rail Regulator Tow Winsor: "It was a privatisation in haste" |
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