National Express Group has revealed that it is in rail franchise extension talks with the DfT. The discussions have been interpreted by city analysts as an indication that the new government will allow the group to bid for new rail contracts.
A 28-week extension has been awarded to National Express East Anglia, whose contract had been due to expire in March, leaving insufficient time to relet the contract after the current review of franchising policy is concluded. However, NEG chief...
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