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Claw back £12m ‘failing’ rail firm paid out in dividends, Labour urges

Avanti West Coast, which received £343m subsidy, had worst punctuality performance among train operators

Labour has called on ministers to claw back £12m in dividends paid by Avanti West Coast to its shareholders last year, when it was subsidised by £343m by the taxpayer.

Figures released by the rail watchdog on Tuesday showed that Avanti paid out £12m in 2021-22 from management and performance fees.

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