Serco and Abellio have secured a two-year extension to the Northern Rail franchise contract which they operate in a 50/50 joint venture. The extension was awarded as a result of the company comfortably exceeding undemanding performance targets which were set in 2004 at a time when the rail industry was struggling to achieve punctuality significantly above 80%. It is understood that Northern was only required to achieve punctuality over around 85% to secure the extension. Northern’s...
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