Edinburgh to London train line to be come under state ownership
Edinburgh to London train line to be come under state ownership
East Coast Mainline: Government Expected To Renationalise One Of Britain's Busiest Railway Lines
16 May, 2018, 17:30
"Today's decision should not detract from the hard work and dedication of our people at Virgin Trains East Coast, who have been central to the transformation we have been delivering for our customers over the past three years".
But the contract will be terminated on June 24, Mr Grayling said, and the line will be re-named the London and North Eastern Railway, the LNER.
In a statement to the MPs, Mr Grayling denied the East Coast line was a failing rail service but admitted Stagecoach and Virgin stood to lose around £200m.
VTEC is the third private operator to fail to complete the full length of a contract to run services on the East Coast route.
Stagecoach along with Virgin had been negotiating a new contract with the Department for Transport.
Chris Grayling, the Transport Secretary, will pull the plug on the East Coast rail franchise after a string of failures by Stagecoach and Virgin. He reiterated that, as the proposed East Coast Partnership contractual structure evolved, the ECML infrastructure would remain in the hands of the public sector via NR.
In a statement, a Network Rail spokesperson said: "We will continue to work closely with the DfT and rail operators to make sure we continue to offer the best possible service to passengers and freight companies during the transition period and as we move into the new public-private partnership".
Transport Secretary Chris Grayling told parliament the East Coast Main Line franchise would be halted after it made considerable losses under a private company. So I am instructing the new board, working with my officials, to bring forward proposals which enable employees to share directly in the success of LNER both as a pure train operator and subsequently as the new partnership.
"Anything else risks playing out the same expensive farce over and over again".
The government has said that it does not intend to strip Virgin and Stagecoach of the franchising passports which they hold, and thus they would be able to bid for future franchises.
Stagecoach reported losses on the line, and in November a year ago Grayling announced that the franchise would be terminated in 2020 to enable it to become a public-private railway.
Anthony Smith, chief executive of the independent watchdog Transport Focus, said: "Whichever organisation runs East Coast services, under whatever new arrangements, passengers will be looking for the quality of current services to be maintained and built on".
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The Vita launched in Japan in late 2011 before coming to North America and other parts of the world in early 2012. This was dwarfed by the Nintendo 3DS , which launched in the same year and has raked in over 72 million sales.
That was enough to hand the Tesla the Guinness World Record for "heaviest tow by an electric production passenger vehicle". In an event in India, Tata Hexa pulled a 285-tonne Airbus A380 previous year for 73 meters, which is highly impressive.
The game was scheduled to begin at 7:10 p.m., but didn't get under way until 8:52 p.m. because of heavy rain and lightning. Eduardo Rodriguez (3-1) took his first loss of the season after getting roughed up in the first few innings.
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