Mark Carne made CBE in Queens Birthday Awards 2018

[whole diary]

[grahame]

Am I the only one to get confused between these two?

http://www.bbc.co.uk/news/business-31438213
Mark Carney says inflation could turn negative in spring.


http://www.bbc.co.uk/news/uk-30633231
Mark Carne has said he will not take his bonus, following recent major rail disruption.

[phile]

Am I the only one to get confused between these two?


http://www.bbc.co.uk/news/business-31438213
Mark Carney says inflation could turn negative in spring.


http://www.bbc.co.uk/news/uk-30633231
Mark Carne has said he will not take his bonus, following recent major rail disruption.

Carney, Governor Bank of England
Carne, Network Rail

[Visoflex]

Carney, Governor Bank of England
Carne, Network Rail

Carney, Governor Bank of England

"...Bank of England Governor says families should take advantage of cheap petrol and food, as take-home pay rises"  Daily Telegraph 13 February

Carne, Network Rail

"From the start of these negotiations we have made it clear that any increase this year will need to be self-funding. Having rejected the efficiency proposals we submitted, we are not in a position to fund a pay increase for 2015.
"
Letter to rail unions 4 February

That's how you tell them apart

[Cynthia]

I wonder whether Carne without the Y will miraculously be in a position to find funds with which to keep the share holders happy, whilst flatlining employees' pay?  Whoops, little bit of politics there.  Well, there is an election coming up

[ellendune]

I wonder whether Carne without the Y will miraculously be in a position to find funds with which to keep the share holders happy, whilst flatlining employees' pay?  Whoops, little bit of politics there.  Well, there is an election coming up

Network Rail it is a company limited by guarantee and has no shareholders.  All profits are returned to the business.  Its members (who guarantee a small sum in the event that the company goes bankrupt) do not receive any benefit and a principally representatives of industry stakeholders such as TOCs^▸ (Train Operating Company). 

So finding funds to keep them happy would be finding funds to make the railway run better!

[Cynthia]

I wonder whether Carne without the Y will miraculously be in a position to find funds with which to keep the share holders happy, whilst flatlining employees' pay?  Whoops, little bit of politics there.  Well, there is an election coming up

Network Rail it is a company limited by guarantee and has no shareholders.  All profits are returned to the business.  Its members (who guarantee a small sum in the event that the company goes bankrupt) do not receive any benefit and a principally representatives of industry stakeholders such as TOCs^▸ (Train Operating Company). 

So finding funds to keep them happy would be finding funds to make the railway run better!

Oh, I sit corrected, ellendune, forgot NR^» (Network Rail - home page) doesn't have shareholders.  Thanks!  (she says, dismounting from hobbyhorse)

[SandTEngineer]

No comment.......

https://www.bbc.co.uk/news/business-44415339

Birthday Honours 2018: Network Rail boss made CBE amid travel chaos

Network Rail has admitted the "timing is difficult" after its outgoing chief executive was included in the Queen's Birthday Honours list amid continued disruption to rail journeys.

Mark Carne has been appointed a CBE for his services to the railway industry.

One trade union leader said it was like "rewarding the captain of the Titanic for jumping ship".

Rail passengers have faced delays and cancellations since a major overhaul of rail timetables took effect on 20 May.

Chairman of Network Rail Sir Peter Hendy said: "Clearly the timing of this award is difficult given current industry issues and their effects on passengers."

But he said over his four-and-a-half years in the role Mr Carne had made a "tremendous contribution" to the UK^▸ (United Kingdom)'s railways.

Since he was appointed chief executive in January 2014, Mr Carne, a former oil executive, has overseen a large investment programme, including the rebuilding of London Bridge and Birmingham New Street stations and the upgrading of signalling systems, as well as the Crossrail and Thameslink projects.

[TaplowGreen]

No comment.......

https://www.bbc.co.uk/news/business-44415339

Birthday Honours 2018: Network Rail boss made CBE amid travel chaos

Network Rail has admitted the "timing is difficult" after its outgoing chief executive was included in the Queen's Birthday Honours list amid continued disruption to rail journeys.

Mark Carne has been appointed a CBE for his services to the railway industry.

One trade union leader said it was like "rewarding the captain of the Titanic for jumping ship".

Rail passengers have faced delays and cancellations since a major overhaul of rail timetables took effect on 20 May.

Chairman of Network Rail Sir Peter Hendy said: "Clearly the timing of this award is difficult given current industry issues and their effects on passengers."

But he said over his four-and-a-half years in the role Mr Carne had made a "tremendous contribution" to the UK^▸ (United Kingdom)'s railways.

Since he was appointed chief executive in January 2014, Mr Carne, a former oil executive, has overseen a large investment programme, including the rebuilding of London Bridge and Birmingham New Street stations and the upgrading of signalling systems, as well as the Crossrail and Thameslink projects.

As is often the case in the public sector, failure is rewarded.

[Electric train]

No comment.......

https://www.bbc.co.uk/news/business-44415339

Birthday Honours 2018: Network Rail boss made CBE amid travel chaos

Network Rail has admitted the "timing is difficult" after its outgoing chief executive was included in the Queen's Birthday Honours list amid continued disruption to rail journeys.

Mark Carne has been appointed a CBE for his services to the railway industry.

One trade union leader said it was like "rewarding the captain of the Titanic for jumping ship".

Rail passengers have faced delays and cancellations since a major overhaul of rail timetables took effect on 20 May.

Chairman of Network Rail Sir Peter Hendy said: "Clearly the timing of this award is difficult given current industry issues and their effects on passengers."

But he said over his four-and-a-half years in the role Mr Carne had made a "tremendous contribution" to the UK^▸ (United Kingdom)'s railways.

Since he was appointed chief executive in January 2014, Mr Carne, a former oil executive, has overseen a large investment programme, including the rebuilding of London Bridge and Birmingham New Street stations and the upgrading of signalling systems, as well as the Crossrail and Thameslink projects.

As is often the case in the public sector, failure is rewarded.

This is a little unfair, Mark Carne has put a lot of focus and effort into work force safety not only direct employed staff but also lifting the bar on contractors as well, he places a lot of emphasis on safety and performance being linked and key to how the railway operates.

It is very sad that at the end of his time as CEO^▸ (Chief Executive Officer) all the hard work and effort put in by many many railway men and women has stumbled, the timetable failings of GTR and Northern is not just down to NR^» (Network Rail - home page) nor his leadership of NR.

He has also made great strives in diversity and inclusion within NR, the bring in women into the company long before the Harvey Weinstein affair triggered the drive for equal pay and terms & conditions.  He has also lead NR into a devolved business operating under one frame work, this over the coming years once DfT^» (Department for Transport - about) sort out their franchising of TOCs^▸ (Train Operating Company) will allow NR to work closer in partnership with the TOC and not contractually at odds as the privatised railway was set up.


I am usually the first to criticise senior leaders of large businesses, personally I have a lot of respect for mark Carne, he can into the roll as NR CEO when it was a very poisoned chalice