Southeastern stripped of its franchise after financial misreporting identified

The Southeastern rail franchise is being taken over by the government after what was described as “a serious breach of the franchise agreement’s good faith obligations” in relation to financial matters was identified.
An investigation conducted by the Department for Transport (DfT) is said to have found that since October 2014, London and Southeastern Railway Limited (LSER), which operates the Southeastern railway had not declared over £25 million of historic taxpayer fun