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.
- 1 Malaysia Airlines MH17 crash: Pro-Russian rebel 'admits to shooting down plane'
- 3 Israel-Gaza conflict: The myth of Hamas’s human shields
- 5 Dutch paedophile club to fight their ban at the European Court of Human Rights
Lana Del Rey: 'I have slept with a lot of guys in the industry'
Peaches Geldof cause of death: 'Heroin addict' socialite had taken fatal dose of drug, inquest concludes
Peaches Geldof inquest: Tragic final moments of socialite's life reveal she lied to husband about failed heroin tests
Israel-Gaza conflict: The myth of Hamas’s human shields
Malaysia Airlines MH17 crash: Was a Russian-made missile really parked in this quiet square?
Malaysia Airlines flight MH17 crash: 'Nine Britons, 23 Americans and 80 children' feared dead after Boeing passenger jet is 'shot down' near Ukraine-Russia border
Malaysia Airlines MH17 crash: Vladimir Putin is given 'one last chance' to end hostilities in Ukraine
The 'scroungers’ fight back: The welfare claimants battling to alter stereotypes
The truth about conspiracy theories is that some require considering
Malaysia Airlines MH17 crash: Ukrainian military jet was flying close to passenger plane before it was shot down, says Russian officer
Malaysia Airlines MH17 crash: Massive rise in sale of British arms to Russia
£49000 - £55000 per annum + competitive: Progressive Recruitment: My client is...
£48000 - £54000 per annum + Benefits package: Progressive Recruitment: My clie...
£35000 - £45000 per annum + competitive: Progressive Recruitment: If you're pa...
£45000 - £55000 per annum + competitive: Progressive Recruitment: SAP Business...