Virgin will continue to run train services on the West Coast Main Line temporarily after securing an extension.
Sir Richard Branson's company will remain in control of the line for between nine and 13 months before interim and long-term providers are decided upon.
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.