The Department for Transport (DfT) did not follow its own rules over the bidding process for the West Coast main line franchise, which runs through the North West, Virgin boss Sir Richard Branson has told MPs.
– Sir Richard Branson
This bid by FirstGroup is absolutely preposterous. It's completely ridiculous. It's taking the system for a ride."
Committee member Kwasi Kwarteng said people might say that Virgin, in taking legal action, was "bringing in the heavy artillery" and that Sir Richard was "using your prestige and fame" to challenge the decision.
Sir Richard said he "created a number of ventures with the principle aim of making a real difference to those sectors. The profit motive is not important to me. I am lucky enough to afford breakfast, lunch and dinner every day for the rest of my life."
Click here for the full story on the takeover.