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		<title>Joomla! powered Site</title>
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		<link>http://railsuppliesdirect.co.uk</link>
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	   <dc:date>2008-07-05T04:06:54+01:00</dc:date>
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		<dc:date>2008-06-06T21:11:16+01:00</dc:date>
		<dc:source>http://railsuppliesdirect.co.uk</dc:source>
		<title>Network Rail Announces Profits</title>
		<link>http://railsuppliesdirect.co.uk/content/view/93/2/</link>
		<description>


Network Rail has announced annual pre-tax profit of &amp;pound;1.6bn for 2007/08.and has said staff will receive total bonuses of &amp;pound;55m.

The chief executive of Network Rail has received a bonus of over
&amp;pound;500,000 only weeks after the company was fined a record &amp;pound;14 million
for the Christmas disruption on the railways caused by overrunning
engineering works.
Iain Coucher has been paid an annual bonus of &amp;pound;306,000 plus an
additional bonus of &amp;pound;205,000 under the company&amp;rsquo;s long-term incentive
plan. With his salary of &amp;pound;585,000, his total pay this year will exceed
&amp;pound;1million despite missing targets for punctuality and financial
efficiency.
Read More &amp;gt;  (http://railsuppliesdirect.co.uk/content/view/93/90/)
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		<dc:date>2008-04-23T11:09:29+01:00</dc:date>
		<dc:source>http://railsuppliesdirect.co.uk</dc:source>
		<title>Cable theft costs Network Rail about £10 million a year </title>
		<link>http://railsuppliesdirect.co.uk/content/view/84/2/</link>
		<description>Helicopter patrols reducce cable theft costs. 
The use of high-visibility patrols and new technology have played a
significant role in helping to reduce delays to rail passengers caused
by cable thefts on the East Coast Main Line.

Network Rail's figures show a reduction in delays on the route from 205,000 minutes in 2006/07 to 151,000 in 2007/08.
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