First Group rail boss spent Christmas at £1m mansion

The boss of First Group – the firm that runs Great Western Railway – may have missed out on his bonus, but at least he spent Christmas in the Florida sunshine.

Meanwhile back in wintry Britain, his customers will face a hike in ticket prices.

Tim O'Toole was told in June that he would not be receiving the £723,415 bonus after the Croydon tram crash – on a service run by his firm – left seven people dead and 62 injured.

As the average ticket price goes up by 3.4 per cent, thousands of passengers who buy season tickets will be nearly £150 a year worse off.

But their problems are a world away for Mr O'Toole who joined First Group as a non-executive director in May 2009. 

Records in America reveal he owns two mansions in exclusive neighbourhoods worth a combined £2.1million.

First Group boss Tim O' Toole owns a £1million three-bedroom waterfront mansion with a pool on the back terrace in Estero, Florida (pictured), where he was this week believed to be spending the Christmas holiday

First Group boss Tim O' Toole owns a £1million three-bedroom waterfront mansion with a pool on the back terrace in Estero, Florida (pictured), where he was this week believed to be spending the Christmas holiday

Mr O'Toole's first property is a £1.1million colonial style home with six bedrooms in a wealthy suburb outside Philadelphia.

He also owns a £1million three-bedroom waterfront mansion with a pool on the back terrace in Estero, Florida, where he was this week believed to be spending the Christmas holiday.

While his Pennsylvania home is larger, Mr O'Toole, 62, enjoys far more comfort in Florida. His home is

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