East Coast rail franchise could be scrapped this week, say reports
The East Coast rail franchise, which connects Yorkshire cities including Leeds, York and Wakefield with London Kings Cross, could be scrapped this week, according to reports in the national press.
The Financial Times reports that a statement is expected before Friday from Transport Secretary Chris Grayling, who three months ago said the existing franchise, shared between Virgin and Stagecoach, was unsustainable.
In February, Grayling said that Stagecoach had “got its numbers wrong” and that it would only continue to run the... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
