Two more rail companies brought back into public ownership !!!

"we'll change the country bit by bit so nobody will notice it"


Deal agreed to end two rail franchises

PA
Dec 10th 2020 3:15AM

FirstGroup has reached an agreement with the Government over the termination of two rail franchises, the transport giant said.

The Department for Transport has accepted that no payment is required in return for scrapping Avanti West Coast’s contract as the brand was “performing well prior to the pandemic”, according to the Aberdeen-based company.

£33.2m
Payment required by FirstGroup in relation to South Western Railway
FirstGroup
But a contribution of £33.2 million is required by FirstGroup to end South Western Railway’s deal.

The negotiations were part of Emergency Recovery Measures Agreements (Ermas) introduced due to the collapse in demand caused by the coronavirus crisis.