Bosses of three firms that supply trains to UK railways made £3.5m last year

Three major train-leasing firms paid out nearly £400 million in dividends to shareholders last year while their top executives collectively earned £3.5 million, raising concerns over rising costs for passengers. Rail unions have criticized the companies—known as rolling stock operators—for prioritizing shareholder returns amid growing public frustration over fare hikes and service reliability. The financial figures highlight a sharp contrast between executive compensation and the financial pressures faced by commuters and travelers. Critics argue the firms are profiting from the rail system while passengers bear the burden of increased expenses.

Rolling stock companies, which also paid out nearly £400m to shareholders, accused of profiting at passengers’ expenseThe chief executives of three firms that rent out trains to Britain’s railways were paid a combined £3.5m last year as they passed on almost £400m to shareholders in dividends.Rail unions accused the rolling stock companies (Roscos) of raking in profits at passengers’ expense. Continue reading...