Date: 30/09/2013
Two companies owned by the French state-backed railway have tossed their hats in the ring to run the east coast mainline, which the coalition is to privatise before the next election. Keolis and Eurostar, both majority-owned by SNCF, have announced a joint venture to bid for the franchise. The preliminaries to an invitation to tender are expected to be issued by the Department for Transport in October, with a view to restoring the line to the private sector in March 2015.
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Guardian
Firms both majority-owned by French SNCF announce joint venture for franchise currently run by UK government
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