Supplementary memorandum from the National
Union of Rail, Maritime and Transport Workers (RMT) (RFF 02A)
At 4 February 2009 oral evidence session
RMT was requested to provide additional information in support
of our written and oral evidence.
Below are details of disaggregated profits for
the "Big 5" transport operators. Dividends are not disaggregated
in the annual and interim reports.
TO 30 JUNE
UK Bus operating profit£45.5 million
(£37.8 million for same period in 2007)
UK Rail operating profit£14.8 million
(£1.1 million for same period in 2007)
ENDED 28 JUNE
UK Bus operating profits£66.2 million
(55.8 million in 2007)
UK Rail operating profits£77.2 million
(66.1 million in 2007)
UK Bus operating profit£20.6 million
(£19.8 million for the same period in 2007)
UK Rail operating profit£39.6 million
(£28.7 million for same period in 2007)
UK Bus operating profit£122 million
(£103 million in 2007)
UK Rail operating profit£120 million
(£107.8 million in 2007)
Stagecoach plc Interim Report for the six months
to 31 October 2008
UK Bus operating profit£60.9 million
(£52.5 million for same period in 2007)
UK Rail operating profit£31.7 million
(£25.3 million for same period in 2007). Plus £15.1 million
in post-tax profit from share in Virgin Rail Group (£12.9 million
for same period in 2007.
The Committee also asked for information on
cutbacks and threatened job losses. Please see below for details:
National Express Group has stated that
a total of 750 jobs will go across the East Anglia and East
Coast franchises. On the East Anglia franchise there will be 300 posts
lost in total, with 242 job losses and the freezing of 61 vacancies.
This will include the removal of restaurant services from the
Network Rail is deferring 28 percent
of rail renewals (eg laying new track, installing new signals)
meaning 800 jobs are at risk.
The UK's main rail freight operator DB
Schenker (formally EWS) has announced over 500 jobs losses
and is saying that further significant numbers are likely to be
at risk due to Network Rail announcing a deferral in renewals
Despite the partial rejection by the
Department for Transport of South West Trains plans to butcher
ticket offices opening times, SWT announced that 480 jobs
would be lost including large number of ticket office and platform
staff. On the day of RMT's oral evidence to the Committee (4 February
2009) the Company announced a further 180 job losses.
300 as yet unspecified jobs at Southeastern.
40 unspecified jobs at First Scotrail.
Proposed cuts to ticket office opening
times at First Capital Connect leaving over 20 posts at risk.
To further assist the Committee with its inquiry
two reports published by RMT are available:
(1) The performance of the privatised train operators
- Jean Shaoul 2005
(2) Tax paid by the Railway Companies - Richard