Today's announcement for the East Coast franchise comes as the Transport Secretary unveils plans to overhaul the entire rail franchising system.
- It includes a detailed timetable for all rail franchises over the next 8 years
- Provide long-term certainty to the market
- Deliver on the independent Brown Review of rail reform
- Put passengers at the heart of the revitalised system
The changes comes after the Government took a U-turn on the decision to award FirstGroup the West Coast Mainline, after finding "significant technical flaws" in the way the bid was handled.