MacGregor to break up InterCity rail network
The three most potentially profitable lines are likely to be among the first six 'shadow franchises' to be announced by the Government during the Second Reading debate of the Railways Bill which will privatise BR.
The east coast main line from Kings Cross to Edinburgh and beyond, the services from Paddington to Wales and the West, and the Gatwick Express have been earmarked as shadow franchises, probably in addition to the London, Tilbury and Southend line, the Chiltern line and all or part of Scotrail.
InterCity in effect broke even last year, but is currently loss- making because of the recession and the unreliability of some lines that need urgent investment. The break-up of the network will inevitably put pressure on BR to close the other loss-making services.
The announcement will also show that the Government is determined to outface criticism over its plans which already, according to a transport ministry briefing leaked last week, will mean the loss of railcard benefits to the 2.4 million holders, including 700,000 pensioners.
Brian Wilson, Labour's transport spokesman, said: 'Splitting up InterCity is bound to cause massive political ructions in places served by the network. If profitable sectors are hived off, the implication for the other lines is clear - closure.'
The Labour Party today will announce a 10-point plan to boost the railways, which will include allowing BR to borrow money for investment like its French counterpart, improving accountability through stronger passenger watchdogs and the creation of a new independent safety body.
- 2 The man who filmed the Freddie Gray video has been arrested at gunpoint
- 4 How the language you speak changes your view of the world
General Election 2015: Fishing is on Nigel Farage's mind as he casts a line to the disaffected of Grimsby
The man who filmed the Freddie Gray video has been arrested at gunpoint
Indonesia executions: Death row British grandmother Lindsay Sandiford will refuse to wear a blindfold when she faces firing squad
Oxygen-starved 'dead zones' with no marine life up to 100-miles long discovered in the Atlantic Ocean
Russian warships accused of 'chasing away' Swedish vessel to prevent Baltic States from achieving energy independence
Over 50,000 families shipped out of London boroughs in the past three years due to welfare cuts and soaring rents
EU asylum policy is 'a direct threat to our civilisation', says Nigel Farage
The Rothschild Libel: Why has it taken 200 years for an anti-Semitic slur that emerged from the Battle of Waterloo to be dismissed?
General Election 2015: SNP and its activists 'openly racist' towards the English, Farage says
General Election 2015: UK will be 'run for the wealthy and powerful' if Tories retain power, Labour warns
Schools forced to act as 'miniature welfare states' with teachers buying underwear and even haircuts for poor pupils
£28000 - £45000 per annum: Recruitment Genius: A Senior Digital Marketing Cons...
£16640 - £18500 per annum: Recruitment Genius: An Assistant Stores Keeper is r...
£16000 - £18500 per annum: Recruitment Genius: This is an excellent opportunit...
£17000 - £30000 per annum: Recruitment Genius: Developer required to join a bu...