State takes back control of east coast mainline

Rail service to be renationalised temporarily after Virgin and Stagecoach could not meet paymentsThe East Coast rail service will be temporarily renationalised, the government has decided, after operators Virgin and Stagecoach could no longer meet the promised payments in the £3.3bn contract.
The London-Edinburgh-Inverness service will be taken back into public control on 24 June, a little over three years since Virgin Trains East Coast (Vtec) started running. It will be rebranded as the L