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Southeastern Trains nationalised over breach of trust
Joins LNER and Northern Trains in being run by the state.
Quote:
Southeastern trains taken over by Government after £25,000,000 breach
Southeastern trains will be taken over by Government after a probe discovered that millions of pounds of taxpayers’ cash had gone undeclared.
Transport Secretary Grant Shapps said that since October 2014, the company has not declared more than £25 million of historic taxpayer funding which should have been returned.
He described this as a ‘significant breach’ of the franchise agreement.
Fares, tickets and services will be unchanged for millions of commuters who use the service when the Government’s Operator of Last Resort (OLR) takes over....
The move will come into force on October 17.
Further investigations are being conducted and the Government said it will consider options for more action, including financial penalties.
Southeastern is run by Govia and operates services across south-east England, covering London, Kent, East Sussex and the High Speed 1 Lines.
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https://metro.co.uk/2021/09/28/south...each-15327037/
Last edited by 1andrew1; 28-09-2021 at 11:03.
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