Virgin Trains and Stagecoach to run East Coast main line
A consortium involving Virgin Trains and Stagecoach will run the East Coast main line franchise from next year.
A consortium involving Virgin Trains and Stagecoach will run the East Coast main line franchise from next year.
The Department for Transport today confirmed it has officially signed the East Coast rail franchise contract with Inter City Railways, a venture between Stagecoach and Virgin.
A spokesman says the eight-year deal will give passengers between Edinburgh and London more seats, more services and new trains from March next year.
East Coaast trains stop at Newcastle, Durham, York, Darlington and Berwick-upon-Tweed.
“This is a fantastic deal which will give passengers on this vital route more seats, more services and new trains, and give British taxpayers outstanding value for money. With the signing of the contract, Stagecoach and Virgin are firmly on track to deliver these improvements. The new services have only been made possible by the government’s investment in the railways, a vital part of our long term economic plan.”
However the move has been strongly criticised by trade unions and some Labour MPs.
East Coast has been under public ownership since 2009.
Mick Cash from the RMT union described its privatisation 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.
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.
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