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Crossrail bosses pocket £800k in bonuses

elizabeth line test train at paddington station april 2018 304684

Crossrail bosses took home more than £800,000 in bonuses last year, despite the project running £590M over budget.

The figures were released the day after the Department for Transport (DfT) announced that the project will be £590M over budget due to “engineering and technical challenges”.

Additional funding will be made available by Transport for London (TfL), Network Rail and the DfT.

Former chief executive Andrew Wolstenholme, who quit the project in March, pocketed a £160,000 bonus and £97,734 as “compensation for loss of employment”.

Programme director Simon Wright, who took over from Wolstenholme, took home a £105,568 bonus on top of his £328,873 salary. 

Transport for London’s draft annual report for the financial year to March 31 2018 detailed the bonuses for 20 Crossrail executives with a salary of more than £150M.

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Readers' comments (1)

  • This is unbelievable that few people (executives) get such huge bonuses funded by the public (taxes) and there are thousands of labourers and workers who are working getting little over minimum wages. The government should cap all these so there is better funds available to maintain our crippling infrastructure.

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