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TRANSIT CEASED PUBLICATION IN JUNE 2010

First’s East Coast rail plan ‘bad for taxpayer’

29 May 2015
Open access would hit Virgin’s franchise premia
Open access would hit Virgin’s franchise premia

 

FirstGroup’s plan for open access rail services on the East Coast Main Line (ECML) from London to Edinburgh could cut the premia that the Government receives from the route’s franchised operator, the DfT has told the Office for Rail and Road (ORR). 

The DfT says the plans of FirstGroup subsidiary East Coast Trains Ltd (ECTL) assume that eight long-distance high-speed services an hour can be accommodated on the southern end of the ECML and four between Northallerton and...

+86% more

 

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