Tag Archives: RMT

Network Rail made £850M less than it expected to last year

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Network Rail has made £850M less than it projected to over the 2022/2023 financial year, NCE can reveal.

The owner of the UK’s train network stated its financial performance for the 2022/23 financial year had worsened by roughly £850M. This was “largely due to costs incurred as a result of industrial…

Network Rail maintenance jobs to be cut due to lack of work

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Network Rail's planned cuts to maintenance workers' jobs will go ahead as there isn’t enough work for them to do, according to chief executive Andrew Haines.

Speaking at the Rail Industry Association Annual Conference on Thursday, Haines said that Network Rail will cut 1,850 maintenance jobs. "What we've identified is that…