Unions hit out at profiteering train owners as Porterbrook's boss paid £1.4m
TRAIN owners are fleecing the public purse, unions have warned, after reports that one paid out a dividend of £150m last year.
Company accounts show Porterbrook gave out the “eye-watering” sum to its parent company, Porterbrook Leasing.
More from this author
Palestine Solidarity Campaign director Ben Jamal denies breaching anti-protest laws
Similar stories
SOLOMON HUGHES explains how rolling stock companies like Angel Trains will continue milking taxpayers for billions even after renationalisation, as Canadian pension funds and Texan oil billionaires cash in on our daily commutes
As train drivers prepare for their next round of strike action, Aslef general secretary MICK WHELAN talks to Morning Star reporter Peter Lazenby about the ever-increasing profits of rail privateers and the Tories’ politically motivated intransigence
One thing about an incoming Labour government looks great: taking the railways into public ownership. But we won’t actually own the trains, warns SOLOMON HUGHES