New HS2 Boss Rides the Gravy Train: £750k Pay Package Sparks Outrage
HS2 boss gets £750k pay as project struggles

The controversial HS2 rail project is back in the spotlight as its new chairman, Sir Jon Thompson, secures a jaw-dropping £750,000 annual pay package. This comes despite the project facing severe delays, spiralling costs, and widespread criticism.

A Pay Packet That Defies Logic

Sir Jon Thompson, the former head of the Financial Reporting Council, will pocket a base salary of £590,000, with additional perks pushing his total compensation to three-quarters of a million pounds. Critics argue this is excessive, especially as the government slashes budgets elsewhere.

Public Backlash Grows

Taxpayer groups and transport campaigners have expressed outrage at the remuneration package. "This is a slap in the face for commuters suffering through rail chaos," said one industry insider. The news comes as:

  • HS2's northern leg faces cancellation
  • Construction costs balloon to over £100 billion
  • Local communities endure years of disruption

The Great HS2 Money Pit

Originally budgeted at £55.7 billion, the high-speed rail project has become synonymous with government waste. With phase one not expected until 2033 - a decade late - many question whether Sir Jon's golden handshake is justified.

Transport Secretary Mark Harper defended the appointment, calling Thompson "the right man to steer HS2 through challenging times." But with fares rising and services declining, the public appears less convinced.