FirstGroup and Stagecoach are going head-to-head in the battle for the South West Trains franchise.
First South West Trains Ltd and Stagecoach South West Ltd are the only bidders shortlisted by the DfT for the franchise, which commences in June 2017. Stagecoach is the incumbent operator.
MPs have voiced concern that market interest in rail franchises may be diminishing. The Public Accounts Committee says the number of bids the DfT receives for new franchises has fallen on average from...
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