Kiley is offered £1m to turn round Tube
London's transport commissioner is to be offered a £1m pay package that will make him one of Britain's highest paid public servants.
London's transport commissioner is to be offered a £1m pay package that will make him one of Britain's highest paid public servants.
Bob Kiley, an American, will be approached formally about the two-year extension to his contract after the expected re-election in June of Ken Livingstone, the capital's Mayor.
Under the present contract, which expires in January, the 69-year-old's basic remuneration package is worth more than £360,000 a year. Apart from a salary of £250,000, he also enjoys free accommodation in a £2m mansion in Belgravia, complimentary travel in London and free flights to the United States.
The full details of his bonus system have never been disclosed, but it is understood that it is worth at least as much again as his salary.
While Mr Livingstone insists that Mr Kiley will be worth the money if he turns round London Underground, Conservatives argue that there should be no bonus until there is a radical improvement in the Tube. Roger Evans, Tory transport spokesman for the London Assembly, said: "Council taxpayers pay his salary so surely he should be accountable to his wage-payers."
The Mayor said details of additional payments would be published later this summer.
* Britain was facing its first national rail strike for a decade after leaders of the RMT union voted for a ballot on industrial action. About 7,000 employees of the infrastructure company Network Rail are to vote on stoppages over pay and pensions.
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