Date: 25/02/2018
FEARS have been raised over the future of Scotlands railways after the operator of Caledonian Sleeper service warned it might hand the keys back. Serco, which took over running the night trains to and from London in 2015, last week revealed it had taken a £30 million hit on the franchise as a result of a sharp increase in costs. The terms of the sleeper contract means Serco can try and get the taxpayer to pay for half of its losses from 2020 but the outsourcing giant also warned it may seek an early exit from the 15-year franchise. It comes just weeks after it was announced the UK East Coast franchise deal will end early and comes amid continuing performance and financial problems for ScotRail franchise holder, Abellio.
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Sunday Post
FEARS have been raised over the future of Scotlands railways after the operator of Caledonian Sleeper service warned it might hand the keys back.
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