Financial24.co.uk
Financial and Business News

- Advertisement -

- Advertisement -

- Advertisement -

Government to take over Southeastern after ‘serious’ breach of franchise

76

Department for Transport finds rail operator did not declare more than £25m of historical taxpayer funding

The government is to strip Southeastern railway services from the private operator, Go-Ahead, after uncovering a missing £25m in what it said was a “serious” breach of the franchise agreement.

The railway, one of Britain’s biggest commuter networks, will come under direct public control from mid-October.

Continue reading…

Leave A Reply

Your email address will not be published.