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Competition & Markets Authority raises concerns over East Coast franchise

Competition & Markets Authority raises concerns over East Coast franchise

9 February 2015 Rail & Coach News

The Competition & Markets Authority has raised concerns over the operation of the East Coast franchise, which is due to be handed back to private hands after five years under government control. The organisation reviewed whether competition concerns could arise given the coach and rail services already operated by Stagecoach Group, which is due to take over control of the line alongside partner Virgin Rail.

Stagecoach and Virgin joint venture awarded East Coast mainline contract

Stagecoach and Virgin joint venture awarded East Coast mainline contract

27 November 2014 Rail & Coach News

A joint venture between Stagecoach Transport and Virgin Rail has been awarded the franchise for the East Coast mainline. The firms have agreed to invest £140 million in the route over eight years, and will pay the government £3.3 billion for the contract. The deal will be finalised pending the successful completion of a standstill period of at least ten days.

New coach-rail services for storm hit communities in South West UK

New coach-rail services for storm hit communities in South West UK

28 February 2014 Press Release Rail & Coach News

New coach-rail services are set to be launched to help storm-hit communities in the south-west of England, Stagecoach Group announced today (26 February 2014). The integrated service will provide a seamless link between London and the West Country using a combination of South West Trains rail services and megabus.com coaches.