- 2 updates
Taxpayers face a "significant" bill over the botched West Coast rail franchise process, a report from a Government spending watchdog has said.
The National Audit Office has released a report following the announcement that Virgin Trains will continue to run the London to Scotland line for the next 23 months.
The £5bn franchise was awarded to FirstGroup in October but that decision was contested by Richard Branson and Virgin Train.
The Government has already indicated that repaying bidding costs to the companies competing for the franchise is likely to land taxpayers with a bill of around £40 million.
Virgin Trains are to carry on running the West Coast Mainline for the next two years.The move is a temporary one and South Lakes MP says this doesn't give the company any incentive to invest in the line.