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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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Rail union: East Coast privatisation a 'national disgrace'

Rail union, the RMT, have criticised the government's decision to privatise the East Coast mainline and sell it to a consortium involving Virgin and Stagecoach.

Mick Cash described it as a "national disgrace" and said the current arrangement was earning the British people £1 billion:

It is a national disgrace and an act of utter betrayal that the government has confirmed that it is bulldozing ahead with the re-privatisation of the East Coast Main Line despite all the figures showing that the current public sector operator is handing over a billion pounds back to the British people while delivering huge improvements in service and customer satisfaction.

It is simply ludicrous to even contemplate re-privatisation when not only have there been two previous private sector failures on the East Coast route but when the public-sector rescue operation has been such a stunning success. This is pure industrial vandalism by a rotten government hell bent on wrecking successful public services in the name of private greed.

While domestic public ownership puts money back into the coffers that can be reinvested in our railways the private operators suck out colossal sums in subsidies and profits - that's what privatisation means.

The decision to hand this profitable and successful public rail operation back to the vultures from Virgin/Stagecoach is based purely on hard-right political ideology and RMT is committed to continuing the fight to block this betrayal right up to polling day and beyond.

– Mick Cash, General Secretary RMT

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