{"id":224440,"date":"2023-11-16T22:57:06","date_gmt":"2023-11-16T22:57:06","guid":{"rendered":"https:\/\/allworldreport.com\/?p=224440"},"modified":"2023-11-16T22:57:06","modified_gmt":"2023-11-16T22:57:06","slug":"the-next-boss-of-hs2-could-be-paid-even-more-than-his-predecessor","status":"publish","type":"post","link":"https:\/\/allworldreport.com\/world-news\/the-next-boss-of-hs2-could-be-paid-even-more-than-his-predecessor\/","title":{"rendered":"The next boss of HS2 could be paid even more than his predecessor"},"content":{"rendered":"<h1>The next boss of HS2 could be paid even more than his predecessor&#8217;s \u00a3676,000 package despite the project being severely curtailed, MPs told<\/h1>\n<ul>\n<li><strong>Former HS2 chief Mark Thurston was paid \u00a3676,000 in the last financial year\u00a0<\/strong><\/li>\n<\/ul>\n<p>The next boss of HS2 could get paid more than their predecessor despite the project being severely curtailed, MPs were told yesterday.<\/p>\n<p>Former HS2 chief Mark Thurston, who stepped down in September, was paid \u00a3676,000 in the last financial year, including a base salary of \u00a3635,814 and bonus of \u00a339,958.<\/p>\n<p>But Sir Jon Thompson, who is heading HS2 until a replacement is found, told the public accounts committee he has advised Government officials to offer an even higher pay deal.\u00a0<\/p>\n<p>Quizzed about the search for a new chief executive, he said: &#8216;The only outstanding issue is the question of salary, which is currently with ministers.<\/p>\n<p>&#8216;My recommendation is that we change the reward structure so that it&#8217;s much more heavily incentivised towards meeting the schedule and delivering to the lowest possible cost.\u00a0<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i.dailymail.co.uk\/1s\/2023\/11\/16\/21\/77902113-12759393-image-a-51_1700169866751.jpg\" height=\"425\" width=\"634\"><\/p>\n<p>Former HS2 chief Mark Thurston (pictured), who stepped down in September, was paid \u00a3676,000 in the last financial year, including a base salary of \u00a3635,814 and bonus of \u00a339,958<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i.dailymail.co.uk\/1s\/2023\/11\/16\/21\/77901633-12759393-image-a-50_1700169537256.jpg\" height=\"845\" width=\"634\"><\/p>\n<p>HS2 has been lavishing an average of nearly \u00a310million a year in pay on its top-earning directors (pictured: groundworks construction of HS2 in Lichfield in January)<\/p>\n<h3>READ MORE:\u00a0Who&#8217;s had the last laugh on HS2? We faced losing our farms, homes and villages&#8230; now we&#8217;re picking up the pieces after fatal blow to the high speed line<\/h3>\n<p>&#8216;So it will be a lower base than Mr Thurston but there will be more opportunity to earn a higher salary if you meet all the necessary targets.&#8217;<\/p>\n<p>HS2 has been lavishing an average of nearly \u00a310million a year in pay on its top-earning directors.\u00a0<\/p>\n<p>Mr Thurston&#8217;s pay alone surged by more than 9 per cent last year, taking it from \u00a3618,144 to \u00a3676,000.<\/p>\n<p>It comes after rail minister Huw Merriman told Parliament that HS2&#8217;s latest cost projection for the London to Birmingham line could hit \u00a357billion \u2013 up from \u00a354billion previously.\u00a0<\/p>\n<p>But he said the Government believed the route, now expected to open in 2033, could still be delivered for between \u00a345billion and \u00a354billion.<\/p>\n<ul>\n<li>Millions of potholes will be filled in thanks to savings made by axeing HS2&#8217;s Birmingham to Manchester leg. Transport Secretary Mark Harper yesterday said \u00a38.3billion will be spent resurfacing 5,000 miles of roads in the next 11 years.<\/li>\n<\/ul>\n<p>It is part of Network North, which will plough the \u00a336billion earmarked for HS2&#8217;s northern leg into other transport projects.<\/p>\n<p>Source: <a href=\"https:\/\/www.dailymail.co.uk\/news\/article-12759393\/The-boss-HS2-paid-predecessors-676-000-package-despite-project-severely-curtailed-MPs-told.html\" target=\"_blank\" rel=\"noopener\">Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The next boss of HS2 could be paid even more than his predecessor&#8217;s \u00a3676,000 package despite the&#8230;<\/p>\n","protected":false},"author":2,"featured_media":224439,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.8 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>The next boss of HS2 could be paid even more than his predecessor - 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