Italy's Trenitalia has completed the acquisition of the c2c rail operation from National Express. The £72.6 million deal, announced last month, has been formally approved by the Department for Transport (DfT), Trenitalia said.
I am pleased that we have been able to conclude this acquisition so rapidly, and we can now immediately start to concentrate on the day-to-day business of c2c.
The c2c service runs between Fenchurch Street and Shoeburyness, covering 26 stations across east London and south Essex.
Today's announcement is another stage in the take-over of UK rail by foreign states while the Tories' ideological hatred of the public sector prevents the British state ownership of our railway.