Virgin looks set to keep the West Coast Main Line on an 18 month "pay as you go" contract, according to reports.
The official announcement is expected on Monday.
The true cost of the fiasco over the West Coast Main Line franchise is only just beginning to become clear.
A critical report by MPS has condemned the £50 million cost to the taxpayer caused by the West Coast Mainline fiasco.
Transport Secretary and Derbyshire Dales MP Patrick McLoughlin has told MPs today that mistakes over West Coast should not have been made.