Government could take control of collapsing East Coast Mainline

The Government could take direct control of the East Coast Mainline as the Transport Secretary came under attack for his management of rail franchises.Chris Grayling informed MPs on Monday that Stagecoach, which runs the East Coast franchise with Virgin, had "got their sums wrong" and will suffer "significant losses" of nearly £200m.The Cabinet minister had previously announced the £3.3bn franchise - running between London and Edinburgh - was set to collapse, but informed the House o