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| Network Rail boss Mark Carne will not take bonus | Network Rail boss Mark Carne will not take bonus |
| (about 2 hours later) | |
| Network Rail chief executive Mark Carne has said he will not take his bonus, following recent major rail disruption. | Network Rail chief executive Mark Carne has said he will not take his bonus, following recent major rail disruption. |
| Mr Carne was in line for a maximum bonus of £34,000, or around 5% of his £675,000 annual salary. | Mr Carne was in line for a maximum bonus of £34,000, or around 5% of his £675,000 annual salary. |
| Overrunning Christmas engineering work led to the closure of London King's Cross station on Saturday, causing chaos for thousands of people. | Overrunning Christmas engineering work led to the closure of London King's Cross station on Saturday, causing chaos for thousands of people. |
| London Paddington was also temporarily shut after work did not finish on time. By Monday, normal service had resumed. | London Paddington was also temporarily shut after work did not finish on time. By Monday, normal service had resumed. |
| On Monday, Mr Carne told the BBC the maximum bonus he was likely to get in 2014/2015 would be 5% of his salary. | |
| He refused to say whether he would be taking any bonus but on Tuesday told Sky News he would not be doing so. | He refused to say whether he would be taking any bonus but on Tuesday told Sky News he would not be doing so. |
| Mr Carne said: "I am accountable for the railways and the performance (over Christmas) was not acceptable, so I have decided that I should not take my bonus this year." | Mr Carne said: "I am accountable for the railways and the performance (over Christmas) was not acceptable, so I have decided that I should not take my bonus this year." |
| Manuel Cortes, leader of the TSSA rail union, said: "We welcome this decision by Mark Carne but, like many of his trains, it is running late - 72 hours late in this case. | |
| "He should have announced it on Sunday when it became clear the level of chaos suffered by tens of thousands of passengers caught up in the King's Cross shutdown. | "He should have announced it on Sunday when it became clear the level of chaos suffered by tens of thousands of passengers caught up in the King's Cross shutdown. |
| "We hope his fellow executives will now follow suit and announce they will also be giving up their large bonuses as well." | "We hope his fellow executives will now follow suit and announce they will also be giving up their large bonuses as well." |
| Transport Secretary Patrick McLoughlin has described Saturday's overrun as "totally unacceptable", while the Office of Rail Regulation and Network Rail (NR) have launched inquiries. | Transport Secretary Patrick McLoughlin has described Saturday's overrun as "totally unacceptable", while the Office of Rail Regulation and Network Rail (NR) have launched inquiries. |
| On Monday, shadow transport secretary Michael Dugher wrote to Mr Carne urging bonus restraint. | On Monday, shadow transport secretary Michael Dugher wrote to Mr Carne urging bonus restraint. |
| Mr Dugher tweeted on Tuesday: "Following my letter yesterday, welcome NR boss won't take bonus. But time ministers acknowledged their responsibilities for rail chaos too." | Mr Dugher tweeted on Tuesday: "Following my letter yesterday, welcome NR boss won't take bonus. But time ministers acknowledged their responsibilities for rail chaos too." |
| Given a good performance by Network Rail, Mr Carne would be entitled to a bonus of 20% of his annual salary, amounting to £135,000. | Given a good performance by Network Rail, Mr Carne would be entitled to a bonus of 20% of his annual salary, amounting to £135,000. |
| Mr Carne reduced the biggest possible bonus he could get from 160% to 20% when he joined Network Rail in January 2014. | Mr Carne reduced the biggest possible bonus he could get from 160% to 20% when he joined Network Rail in January 2014. |
| He has apologised for the disruption over the weekend, saying Network Rail's performance had fallen short. | He has apologised for the disruption over the weekend, saying Network Rail's performance had fallen short. |
| Thousands of people were unable to travel after overrunning engineering work led to the closure of King's Cross station on Saturday, while Finsbury Park station in north London - which was being used as a temporary terminal - had to be shut for a time due to overcrowding. | Thousands of people were unable to travel after overrunning engineering work led to the closure of King's Cross station on Saturday, while Finsbury Park station in north London - which was being used as a temporary terminal - had to be shut for a time due to overcrowding. |