Government terminates Virgin Trains East Coast franchise

The InterCity East Coast franchise held by a joint venture of Stagecoach and Virgin is to be terminated on June 24 (Photo: Tony Miles).

UK: The current InterCity East Coast franchise held by a joint venture of Stagecoach Group (90%) and Virgin Holdings (10%) will be terminated on June 24, Secretary of State for Transport Chris Grayling informed the House of Commons on May 16.

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