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Guardian Unlimited
| 8 months ago
Jeff J Mitchell/Getty Images Transport secretary Patrick McLoughlin I have had to cancel the competition for the running of the west coast franchise because of deeply regrettable and completely unacceptable mistakes made by my department in the way...
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The Independent
| 8 months ago
The Government today pulled the plug on its controversial decision to strip Virgin Trains of its West Coast rail franchise after admitting it made a terrible mistake in awarding the contract. The Transport Secretary Patrick McLoughlin announced that...
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Merced Sun-Star
| 8 months ago
The British government on Wednesday scrapped a decision to strip Richard Branson's Virgin Group of a major rail franchise, citing significant flaws in the way a new operator was chosen. The government announced in August that it was awarding a 13-...
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BBC
| 8 months ago
Just three weeks ago he appeared before the Commons Transport Select Committee, assuring it that "due diligence" had been carried out. Now it turns out that the sums did not add up after all and, as Mr McLoughlin put it, "it's going to cost us a lot...
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Guardian Unlimited
| 8 months ago
The state rail arm, Directly Operated Railways, already has its hands full running the east coast mainline. Photograph: Alamy The list of rail franchises due for renewal over the next few years is as crowded as a peak-time service into Euston. The...
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BBC
| 8 months ago
The Department for Transport has scrapped the decision to take the West Coast Main Line franchise off Virgin Trains and award it to FirstGroup...The Transport Secretary Patrick McLoughlin told Today presenter Sarah Montague he was "very angry" and...
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The Motley Fool UK
| 8 months ago
Published in Company Comment on 3 October 2012 FirstGroup (LSE: FSP) sees its shares slide 15% after flaws are found in the bidding process for the West Coast rail franchise. Just yesterday, all seemed sweet for FirstGroup ( LSE: FGP ), as it updated...
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Guardian Unlimited
| 8 months ago
Press Association Transport secretary Patrick McLoughlin says the west coast bidding process must be rerun. Photograph: Lewis Whyld/PA Virgin Rail , a joint venture between Sir Richard Branson 's Virgin Trains and Stagecoach, begins running the west...
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Turks and Caicos Free Press
| 8 months ago
A Virgin train travels towards Euston rail station in London August 15, 2012. The government scrapped on Wednesday a $9 billion deal that had awarded the West Coast rail line to FirstGroup Plc , citing flaws in their own figures, just a day after the...
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The Independent
| 8 months ago
Future Government rail plans were thrown completely off track today after ministers scrapped a deal which would have seen Sir Richard Branson's train company lose its West Coast franchise. Sir Richard had mounted a legal challenge to the decision by...
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Guardian Unlimited
| 8 months ago
Virgin lost out to FirstGroup in a bid to run the franchise, but that has now been overturned. Photograph: Jeff J Mitchell/Getty Images The future running of one of Britain's most prestigious and lucrative rail services, the West Coast main line, was...
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The Independent
| 8 months ago
FirstGroup is preparing to take over the West Coast rail franchise on 9 December, dismissing Virgin Trains' hopes of retaining its grip on the lucrative line, the transport group insisted yesterday. When the West Coast main line franchise from...
