Unloved Stagecoach may have a point on rail franchise pension risks

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DfT says company knew the rules and has only itself to blame for three disqualifications

Good riddance to Stagecoach and Virgin Trains? Well, the train operating combo is certainly unloved after last year’s debacle on the East Coast mainline. But Stagecoach’s disqualification from three franchise competitions has nothing to do with that episode.

 

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