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East Coast rail to be state-run
Published: 01 Jul 2009 - 16:55:12
The government says it intends to take the East Coast rail service, run by National Express, into state ownership.The troubled rail franchise, which is expected to have lost £20m in the first half of the year, is suffering from falling passenger numbers. Ministers have refused National Express's requests for its contract with the government to be renegotiated. The Department for Transport said that all East Coast services would continue and that tickets would be honoured. BBC business edit.... read more
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