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Business Comment Lead Story: Issue 330 2 Jul 2008

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Frachising, Rail, Arriva, DfT/SRA, Other, Stagecoach, Virgin, All of UK

Rail operators profit at the hands of poor DfT negotiation

The reasons for the DfT’s reluctance to agree a franchise extension with Virgin have been made very clear by new information obtained by Transit under the Freedom of Information Act.

Last month, we revealed that the talks with Virgin had broken down primarily because of the DfT’s lack of confidence in its ability to negotiate a contract extension without being taken to the cleaners. The FOI data on profit and revenue share payments demonstrate that the government has good reason to...

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