Avanti Trains - Question

Part of the debate – in the House of Lords at 2:47 pm on 27 February 2024.

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Photo of Lord Snape Lord Snape Labour 2:47, 27 February 2024

My Lords, does the Minister accept that, at a recent internal meeting at Avanti trains, various slides were produced for its management? I have some of them with me at the moment and I shall quote from them. Managers joked about receiving “free money” from the Government and performance-related payments being

“too good to be true”.

The presentation went on to say that the Department for Transport supports the firm and added:

“And here’s the fantastic thing!—if we achieve those figures”— that is, the Government’s punctuality figures—

“they pay us some more money—which is ours to keep—in the form of a performance-based fee!!”

Does the Minister accept that this is a situation where the Treasury takes the revenue, the passengers take the strain and the directors take a bonus for providing the worst train service in the UK? This is not a policy; it is lunacy.