The long-awaited Government proposals to reform rail franchise contracts have been widely billed as the start of a new era, where train operators have the freedom to expand their networks to the benefit of their passengers and their businesses.
New contracts up to 22 years long are being dangled as the carrot for companies that take up the challenge. In the same week, Chiltern Railways, with its unique 20-year, investment-led franchise, unveiled its plans for a £250m Evergreen III line...
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