• Privacy policy
  • T&C’s
  • About Us
    • FAQ
    • Meet the Team
  • Contact us
TLE ONLINE SHOP!
  • TLE
  • News
  • Politics
  • Business
  • Sport
  • Opinion
  • Elevenses
  • Entertainment
    • All Entertainment
    • Film
    • Lifestyle
      • Horoscopes
    • Lottery Results
      • Lotto
      • Thunderball
      • Set For Life
      • EuroMillions
  • Food
    • All Food
    • Recipes
  • Property
  • Travel
  • Tech/Auto
No Result
View All Result
The London Economic
SUPPORT THE LONDON ECONOMIC
NEWSLETTER
  • TLE
  • News
  • Politics
  • Business
  • Sport
  • Opinion
  • Elevenses
  • Entertainment
    • All Entertainment
    • Film
    • Lifestyle
      • Horoscopes
    • Lottery Results
      • Lotto
      • Thunderball
      • Set For Life
      • EuroMillions
  • Food
    • All Food
    • Recipes
  • Property
  • Travel
  • Tech/Auto
No Result
View All Result
The London Economic
No Result
View All Result
Home News

Bad day Branson? Virgin East Coast to be renationalised

The East Coast Mainline renationalised by government after Virgin Trains deal terminated after a troubled tenure, with many passengers complaining of sky high tickets prices, and the private operators claiming they can turn a profit. Trains will be now be run by the Department for Transport (DfT) from 24 June this year. “We are surprised […]

Joe Mellor by Joe Mellor
2018-05-16 12:46
in News
Richard Branson

Richard Branson (c) D@LY3D

FacebookTwitterLinkedinEmailWhatsapp

The East Coast Mainline renationalised by government after Virgin Trains deal terminated after a troubled tenure, with many passengers complaining of sky high tickets prices, and the private operators claiming they can turn a profit.

Trains will be now be run by the Department for Transport (DfT) from 24 June this year.

“We are surprised and disappointed that the Department for Transport has chosen not to proceed with our proposals,” said Martin Griffiths, chief executive of Stagecoach, who run the franchise with Richard Branson’s operation.

He added: “We believe our plans offered a positive, value-for-money way forward for passengers, taxpayers and local communities, ensuring the continuation of the exciting transformation already under way on East Coast and a smooth transition to the Government’s new East Coast Partnership.

Rail, Maritime and Transport union general secretary Mick Cash said: “This is the second time that the government have called upon the public sector to launch a rescue operation on the East Coast Main Line and instead of being a temporary arrangement Chris Grayling should listen to his staff and the public and make it permanent.

“After three shambolic private sector failures on the East Coast the message should now sink in that these cowboys cannot be trusted and should be locked out of the system on a permanent basis.

“Anything else risks playing out the same expensive farce over and over again. RMT will now be seeking an urgent meeting with the new operator to bolt down guarantees for staff on jobs, conditions and pensions.”

RelatedPosts

‘Britain deserves better:’ Tory MPs slammed for voting down emergency budget to tackle cost of living crisis

Children suffering food poisoning because parents are turning off fridges to save money amid the cost of living crisis

More to come? First UK council declares ‘cost of living emergency’

Tory MP demands asylum centre isn’t built because residents not ‘safe to leave their homes’

The franchise was supposed to run for eight years between 2015 and 2023. However, the private operators have complained of losing money on the line between London and Edinburgh.

 

Virgin Trains East Coast: A Lesson in Distasteful Branding

 

Virgin release Traingate footage that proves Corbyn told the truth about Traingate

Since you are here

Since you are here, we wanted to ask for your help.

Journalism in Britain is under threat. The government is becoming increasingly authoritarian and our media is run by a handful of billionaires, most of whom reside overseas and all of them have strong political allegiances and financial motivations.

Our mission is to hold the powerful to account. It is vital that free media is allowed to exist to expose hypocrisy, corruption, wrongdoing and abuse of power. But we can't do it without you.

If you can afford to contribute a small donation to the site it will help us to continue our work in the best interests of the public. We only ask you to donate what you can afford, with an option to cancel your subscription at any point.

To donate or subscribe to The London Economic, click here.

The TLE shop is also now open, with all profits going to supporting our work.

The shop can be found here.

You can also SUBSCRIBE TO OUR NEWSLETTER .

Subscribe to our Newsletter

View our  Privacy Policy and Terms & Conditions

Trending on TLE

  • All
  • trending
Abdollah

‘Rescue us’: Afghan teacher begs UK to help him escape Taliban

CHOMSKY: “If Corbyn had been elected, Britain would be pursuing a much more sane course”

What If We Got Rid Of Prisons?

More from TLE

All change at The Oval as it opens its doors to a new cricket season

Got Milk? – Tory MPs bizarre protests go viral

Stoke City & Burton Albion clash after friendly

Live Review: The Cribs

Cargo Plane Lands On Road After Overshooting the Runway

Mum & two children have been jailed for locking their four dogs in room for weeks without any food or water

How To Make: Galette des Rois (King Cake)

Cocktails in the City returns to London with a summer garden party

Use your household savings to bail out the economy, Rishi Sunak says

Restaurant Review – Petit Pois Bistro

About Us

TheLondonEconomic.com – Open, accessible and accountable news, sport, culture and lifestyle.

Read more

© 2019 thelondoneconomic.com - TLE, International House, 24 Holborn Viaduct, London EC1A 2BN. All Rights Reserved.




No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Entertainment
  • Lifestyle
  • Food
  • Travel
  • More…
    • Elevenses
    • Opinion
    • Property
    • Tech & Auto
  • About Us
    • Meet the Team
    • Privacy policy
  • Contact us

© 2019 thelondoneconomic.com - TLE, International House, 24 Holborn Viaduct, London EC1A 2BN. All Rights Reserved.