Rail bosses to slash thousands of jobs in scramble to implement £2bn of cuts

Steve Montgomery, chairman of the Rail Delivery Group, said: “The railway can grow and become more customer focused, with new opportunities for hundreds of thousands of people working on it, but to do that we must adapt, and we cannot take more than our fair share from the taxpayer.”

Emergency changes to the financial structure of the railways were brought in when the pandemic struck and have now been made permanent as part of plans to end franchising. The Government now collects fares and pays operators a flat fee, leaving taxpayers exposed when passengers stay away.

Today’s announcement comes alongside separate talks between the Rail Industry Recovery Group, a Whitehall body set up to consider the future of Britain’s railways after the pandemic.

Related Posts

Property Management in Dubai: Effective Rental Strategies and Choosing a Management Company

“Property Management in Dubai: Effective Rental Strategies and Choosing a Management Company” In Dubai, one of the most dynamically developing regions in the world, the real estate…

In Poland, an 18-year-old Ukrainian ran away from the police and died in an accident, – media

The guy crashed into a roadside pole at high speed. In Poland, an 18-year-old Ukrainian ran away from the police and died in an accident / illustrative…

NATO saw no signs that the Russian Federation was planning an attack on one of the Alliance countries

Bauer recalled that according to Article 3 of the NATO treaty, every country must be able to defend itself. Rob Bauer commented on concerns that Russia is…

The Russian Federation has modernized the Kh-101 missile, doubling its warhead, analysts

The installation of an additional warhead in addition to the conventional high-explosive fragmentation one occurred due to a reduction in the size of the fuel tank. The…

Four people killed by storm in European holiday destinations

The deaths come amid warnings of high winds and rain thanks to Storm Nelson. Rescuers discovered bodies in two separate incidents / photo ua.depositphotos.com Four people, including…

Egg baba: a centuries-old recipe of 24 yolks for Catholic Easter

They like to put it in the Easter basket in Poland. However, many countries have their own variations of “bab”. The woman’s original recipe is associated with…

Leave a Reply

Your email address will not be published. Required fields are marked *