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Regular news: Issue 504 13 Oct 2008

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Railways, Southwest England

First Great Western wants to renegotiate franchise

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First Great Western has asked the government to reduce the cost of its franchise to buy additional rolling stock. The rail operator has warned the DfT that it does not currently run enough services to cope with demand and is overspending in order to accommodate commuters.

First Great Western carries around 1.5 million passengers per week on 9,000 services, Under the current terms of its £1.13 billion franchise, the company must deliver a £200 million investment programme for...

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