Rail franchising process plans to be announced

Today the government will announce plans to re-open the rail franchising process, six months after the collapse of the West Coast Mainline deal.

It is thought that the priority will be to agree a new ownership deal for the East Coast mainline.

Read: Has Britain's rail system gone off the rails?

A new ownership deal for the East Coast mainline could be a priority Credit: Martin Keene/PA Wire

The rail route will be put back into private ownership after a long period under state control.

The decision is expected to reignite the rivalry between Virgin Trains and FirstGroup, who competed for the west coast franchise last year.

Read: Virgin Trains continue to run West Coast Mainline

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Virgin to bid for East Coast line

Virgin Trains has confirmed it is planning to bid for the East Coast rail route. It is set to return to the private sector after the Government announced changes to the franchise bidding process following the West Coast mainline fiasco.