News

Virgin may lose both franchises

By RAH 2004-09-01T10:00:00

on August 6 when Strategic Rail Authority Chairman Richard Bowker met Sir Richard Branson and Brian Souter, who head Virgin Group and Stagecoach with 51% and 49% stakes respectively in Virgin Rail Group, he rejected outright VRG’s best and final offer under which its CrossCountry (VCC) franchise could ...

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