Franchise returned record £235m in final year as a state company but Department for Transport says decision is final
Anger is growing over the return of the east coast mainline to private hands after it emerged that it had generated £1bn for UK taxpayers since 2009.
The east coast mainline paid a record £235m back to the government in its final full year as a state-owned company, a 12% increase on the previous year. That means the franchise, run by Directly Operated Railways (DOR), has returned more than £1bn to the public purse over the past five years, sparking renewed calls for it to remain in public ownership.
Continue reading...