East Coast could return to public sector, Chris Grayling admits
MPs told collapse of franchise means government or Virgin could run line in short term
The East Coast rail franchise could be returned to the public sector after the government announced Virgin Trains had breached its £3.3bn contract.
The transport secretary told MPs that the London-to-Edinburgh line could be again be directly operated by the Department for Transport, less than three years after the route was re-privatised. However, Chris Grayling also held out the possibility that Virgin would continue to operate the service on fresh terms, despite missing its financial commitments on the current deal.
Source: Guardian Transport