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Consortium to buy East Coast trains announced

A consortium involving Sir Richard Branson's train company Virgin Trains has been chosen to run the East Coast main line franchise from next year.

The Department for Transport said the consortium involving Virgin and transport company Stagecoach, who already run the West Coast line, will start the East Coast franchise in March 2015 .

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City of York Council welcome Inter City Railway franchise

York's council have welcomed the franchising of the East Coast Main Line saying the move could enable economic growth in the city.

York already has over 5,000 people in rail related industries and we see this as a potential area for growth that Stagecoach and Virgin Group can support by locating their headquarters in the city, following on from the precedent set by previous operators of Inter City East Coast services. This will help underline the point that York is a place where the rail industry can do business, with ready access to skilled people and other rail organisations. We are looking forward to working with Stagecoach and Virgin Group to discuss how we can work together to improve both rail services and employment opportunities for our city.

– Cllr David Levene, Cabinet Member for Transport

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