FirstGroup wins West Coast Main Line bid

By LBV

15 Aug 2012

The train service which connects London with Edinburgh, and brings passengers into Lancashire via Preston, will now be operated by FirstGroup after the company outbid current operator Virgin by more than £1bn.

Virgin secured the previous contract in 1997, increasing passenger levels from 13m to 31m per year and introducing high-speed, tilting trains. However, the company’s bid of £5.5bn to retain the contract – and a personal letter from Sir Richard Branson to the Prime Minister – fell short of the FirstGroup offer, estimated to be around £6.7bn to £7bn.

The contract lasts for 13 years and four months, beginning on December 9 and running until 2026. The Department for Transport said of the decision: “Another bidder contracted to pay significantly higher premiums to the DfT.”

FirstGroup chief executive Tim O'Toole said: “Our winning bid is a deliverable proposition that is compelling for all who want to see a greater use of our rail networks. We will be making significant improvements including reduced journey times and introducing new direct services.

“We will improve marketing and deliver a smart ticketing system, refreshed and improved train interiors, station upgrades and even better catering. In support of our commitment to generate increased passenger growth we will be reducing Standard Anytime fares by 15% on average.”

The company said that plans include direct services from new towns and cities, including linking Blackpool directly with London and doubling the number of services running from Preston.

Tony Collins, chief executive of Virgin Rail Group, said: “Naturally, we are all very disappointed by today’s announcement. We had submitted a strong, deliverable bid with emphasis on customer service which would have produced strong growth over the life of the franchise resulting in significant benefits for the taxpayer through generous premium payments to government.”

Enjoyed this? Read more from LBV

Latest news

1

EG On The Move completes Applegreen UK acquisition Zuber Issa

EG On The Move completes Applegreen UK acquisition

03 Feb 2025

2

CoolKit designated as Preferred Partner for MAN TGE Rupert Gatty, Andy Parker, Bodybuilder Manager, MAN Truck & Bus SE / Cameron Javed, Head of Fleet Sales, CoolKit

CoolKit designated as Preferred Partner for MAN TGE

03 Feb 2025

3

Multiversity compulsory purchase order confirmed in Blackpool Aerial photo of Multiversity in Blackpool

Multiversity compulsory purchase order confirmed in Blackpool

03 Feb 2025

4

JM Glendinning Lancashire boosts growth with two appointments Chris Newton and Rachael Hacking

JM Glendinning Lancashire boosts growth with two appointments

03 Feb 2025

5

Lancaster University green technology spin-out aims to boost biogas-bioenergy sector AdTech Optima

Lancaster University green technology spin-out aims to boost biogas-bioenergy sector

31 Jan 2025

Background image for hub sign up block

LBV Hub

Leverage Lancashire Business View platforms

Post your news
Post your events
Post your offers
Build your network
Improve your SEO
Gain coverage in the magazine
Sign-up
Events
Skills Bootcamp in Procurement - Cohort 3
Blue-Modern-Land-Travel-Youtube-Thumbnail-2-1024x576.png.png
LBV Hub Awards
14 Jan 2025 - 18 Mar 2025

Skills Bootcamp in Procurement - Cohort 3

Community & Business Partners CIC, Blackburn, BB2 3UA

09:30 - 13:00

February Preston Tech Connection Meet-Up: Tech & Our Planet
PRESTON TECH CONNECTION jan.ai.png.png
LBV Hub Networking
12 Feb 2025 - 12 Feb 2025

February Preston Tech Connection Meet-Up: Tech & Our Planet

Society1 Coworking Space, Preston, PR1 3LT

18:00 - 19:30

Police Apprenticeship event
Student Centre Autumn 2022.jpg.jpg
LBV Hub Social
12 Feb 2025 - 12 Jan 2025

Police Apprenticeship event

University of Central Lancashire, Foster Social Space , Preston , PR1 2HE

16:00 - 19:00

Amber River True Bearing Quarterly Investment Seminar
LBV Hub Seminars
13 Feb 2025

Amber River True Bearing Quarterly Investment Seminar

Mercure Blackburn Dunkenhalgh Hotel & Spa, Blackburn Rd, Clayton-le-Moors, Blackburn, Lancashire, BB5 5JP

16:00 - 18:00

The Business Network Central & East Lancashire
LBV Hub Networking
13 Feb 2025 - 13 Feb 2025

The Business Network Central & East Lancashire

Mytton Fold, Langho, BB6 8AB

11:30 - 14:15

Sub36 Networking - Behind the beans
Sub36 Social1200Atkinsons New
Networking
14 Feb 2025

Sub36 Networking - Behind the beans

Atkinsons Speciality Coffee, Lancaster, LA1 1 EX

09:00 - 11:30

National Apprenticeship Week 2025 Celebration - Business Breakfast Showcase
Student Centre Autumn 2022.jpg.jpg
LBV Hub Networking
14 Feb 2025 - 14 Jan 2025

National Apprenticeship Week 2025 Celebration - Business Breakfast Showcase

Media Factory , Preston, PR1 2HE

08:00 - 10:00

CMI Level 5 Management and Leadership Course
UCLanAerialCampus.jpg.jpg
LBV Hub Seminars
21 Feb 2025 - 21 Feb 2026

CMI Level 5 Management and Leadership Course

Preston Campus, Preston , PR1 2HE

09:00 - 17:00

CMI Level 5 Project Management Course
UCLanAerialCampus.jpg.jpg
LBV Hub Seminars
21 Feb 2025 - 21 Feb 2026

CMI Level 5 Project Management Course

Preston Campus, Preston, PR1 2HE

08:00 - 17:00

Employment Law, Tax and Payroll Update - East Lancashire
Employment updates - LinkedIn East Lancs-01.png.png
LBV Hub Seminars
26 Feb 2025 - 26 Feb 2025

Employment Law, Tax and Payroll Update - East Lancashire

Accrington Stanley Football Club, Accrington, BB5 5BX

08:00 - 10:00

Level 3 Emergency First Aid at Work Course - In Person
RKMS ACADEMY LOGO - BLACK AND ORANGE.png.png
LBV Hub Webinar
26 Feb 2025 - 26 Feb 2025

Level 3 Emergency First Aid at Work Course - In Person

RKMS Group , Blackpool, FY42DP

09:30 - 17:00

Preston Freelancer Meet-Up: February
Freelancer Meet-Up Feb.png.png
LBV Hub Networking
26 Feb 2025 - 26 Feb 2025

Preston Freelancer Meet-Up: February

Society1 Coworking Space, Preston, PR1 3LT

10:00 - 11:30

Advertise with us

Reaching 50,000 members, our print, digital and event platforms offer a fantastic way to raise your business profile and help you grow.

Find out more LBV120 Online Graphic 1
Subscribe now

Weekly news bulletin