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Old June 22nd 07, 03:35 PM posted to uk.railway,uk.transport.london
Paul Scott Paul Scott is offline
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Default Stagecoach win East Midlands franchise


"Ross-a-travelling" wrote in message
ups.com...
On 22 Jun, 08:18, Paul Corfield wrote:
http://www.gnn.gov.uk/environment/fu...eID=293825&New...

The Department for Transport has today announced that Stagecoach Midland
Rail Limited (a subsidiary of Stagecoach Group plc) has been awarded the
contract to run the new East Midlands franchise from 11th November 2007.

[snip]

There's a slightly different release (the Stock Market statement) on
the DfT website at http://www.dft.gov.uk/pgr/rail/passenger/
franchises/emfranchise also giving the franchise subsidy/premia
details - which are GNER-esque in their ambition, IMNSHO.

I think your maths is a little bit out there Ross, GNER was £1.3billion over
the life of the franchise. The new East Midlands is only about a tenth of
that.

Paul