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Network Rail

  • Network Rail profits halve as company admits it is not keeping up with pace of change

    June 11, 2015

    After strike threats and widespread condemnation over ongoing travel chaos, Network Rail is continuing its annus horribilis with a set of pretty dismal results.  The figures:   Network Rail's pre-tax profits halved for the year to March 31, from £1.-4bn to £506m, while opreating profit fell 13.3 per cent to £1.74bn.    Revenues also slipped [...]

  • National rail strike: RMT suspend 24-hour Network Rail walkout planned for 4-5 June

    June 1, 2015

    The national rail strike, scheduled to take place this week, has been suspended after unions and rail bosses negotiated a new pay deal. In a letter to members RMT general secretary Mick Cash said improvements to pay conditions "are enough to suspend the forthcoming industrial action". The action, due to take place over 24 hours [...]

  • Rail strike: Network Rail and RMT crisis talks continue into evening in a bid to avert industrial action

    May 30, 2015

    Talks between Network Rail and RMT bosses are continuing into the evening as the two sides try to negotiate a deal to avert strikes that will bring Britain's railways to a halt. A pay deal was rejected by union bosses on Thursday, meaning plans for a strike by Network Rail staff are back on. However, [...]

  • UK national rail strike: Which train routes are affected, will my ticket be valid, when will the strike take place? All your Network Rail bank holiday walkout questions answered

    May 21, 2015

    UPDATE 2.45pm: The RMT has followed the TSSA union in "suspending" its strike .  Things are not going well for Network Rail: having tried everything in its arsenal to prevent a planned strike by workers in the RMT union over pay and jobs, yesterday it resorted to sending threatening legal letters. Not exactly a sign of power. As [...]

  • Is the Network Rail train strike cancelled? TSSA suspends action as RMT mulls improved offer

    May 21, 2015

    The Transport Salaried Staffs' Association (TSSA) has said it has suspended its planned bank holiday strike after receiving an improved offer from Network Rail bosses. However, as things stand, workers at the bigger RMT union – which has five times the number of members as TSSA – is still going ahead with the planned 24-hour [...]

  • UK national train strike: Heathrow and Gatwick Express routes to be disrupted by Network Rail bank holiday walkout

    May 21, 2015

    UPDATE 2.45pm: The RMT has followed the TSSA union in suspending strike action after an improved offer from Network Rail.  The looming Network Strike threatens not only to derail travellers' plans to get around the country, but even those looking to go abroad after Heathrow Express announced it would run during shortened operating hours on Monday 25 and Tuesday [...]

  • Train strike: Transport for London warns commuters of disruption from bank holiday Network Rail walkout

    May 21, 2015

    UPDATE: The RMT has followed the TSSA union in suspending strike action after an improved offer from Network Rail.  The nationwide Network Rail strike on bank holiday Monday will cause some Transport for London (TfL) services to also suffer delays and disruption. A 24-hour walk out has been called by rail union bosses from 5pm on Monday 25 May, [...]

  • UK rail strike: Talks go to the wire as Network Rail chief Mark Carne writes open letter warning passengers to plan for the worst

    May 20, 2015

    UPDATE 2.45pm: The RMT has followed the TSSA union in suspending strike action after an improved offer from Network Rail.    Talks between rail chiefs and union bosses are going to the wire over potential strike action taking place this bank holiday.   Representatives of Network Rail and TSSA returned to Acas today after two days of talks that [...]

  • UK national train strike: Network Rail issues legal challenge to TSSA bank holiday Monday walkout ballot as union votes to join RMT workers

    May 20, 2015

    Negotations between business leaders and unions are rarely cordial, but the gloves have really come off in the row over the rail workers' strike this weekend.    Network Rail has issued a legal challenge to the union calling for a strike over the bank holiday, claiming there are “numerous defects” in the ballot.    Read [...]

  • UK train strikes: Network Rail, DLR strike action and further taxi driver protests spell May bank holiday travel hell for Londoners

    May 15, 2015

    London is speeding towards a bank holiday that could bring utter misery to commuters with the prospect of strike action looming. Workers for Network Rail, the company which keeps the entire UK rail network running, have voted in favour of strike action over pay which has the potential to bring rail services in London and [...]

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