Bosses of three firms that supply trains to UK railways made £3.5m last year
Source: The Guardian ·
Rolling stock companies, which also paid out nearly £400m to shareholders, accused of profiting at passengers’ expenseThe chief executives of three firms that rent out trains to Britain’s railways were paid a combined £3.5m last year as they passed on almost £400m to shareholders in dividends.Rail unions accused the rolling stock companies (Roscos) of raking in profits at passengers’ expense.…
From the source
The chief executives of three firms that rent out trains to Britain’s railways were paid a combined £3.5m last year as they passed on almost £400m to shareholders in dividends. Rail unions accused the rolling stock companies (Roscos) of raking in profits at passengers’ expense. The figures emerged in accounts published this week after ministers announced a new rolling stock strategy for Britain’s railways. The government is considering direct ownership of trains through the public body Great British Railways rather than leasing them from the private sector. The latest figures show Porterbrook Holdings paid £80m in dividends and increased the pay of its chief executive, Mary Grant, by more than 10% to £1.44m. Eversholt Rail paid out £200m in 2025 shortly before it was sold by CK Hutchison to Beacon Rail, with its departing CEO, Mary Kenny, paid £1.33m. Angel Trains paid £111m in dividends and a relatively modest £700,000 to its chief, Malcolm Brown. Their pay far outstrips the highest…