Aug. 12 (Bloomberg) -- FirstGroup Plc will win a 14-year contract to run the U.K.’s West Coast mainline train service, the Sunday Telegraph said, without saying where it got the information.
FirstGroup offered as much as 7 billion pounds ($11 billion) to run the service, outbidding current operator Virgin Trains by about 1 billion pounds, the newspaper said. The Department for Transport is expected to award the contract to FirstGroup this week, according to the report.
The department said in a statement today that a decision on the future of the franchise has not yet been taken and would be made shortly.
To contact the reporter on this story: Isaac Arnsdorf in London at email@example.com
To contact the editor responsible for this story: Alaric Nightingale at firstname.lastname@example.org