East coast mainline to be temporarily renationalised
London to Edinburgh service to come under public control after Virgin and Stagecoach could not meet payments
The East Coast rail service will be temporarily renationalised, the government has decided, after operators Virgin and Stagecoach could no longer meet the promised payments in the £3.3bn contract.
The London to Edinburgh service will be taken back into public control on 24 June, a little over three years since Virgin Trains East Coast started running. It will be rebranded as the London and North Eastern Railway.
Source: Guardian Transport
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