Virgin lines up move for East Coast rail franchise

SIR Richard Branson has indicated Virgin Trains will bid for the East Coast Edinburgh to London rail franchise when it comes up for grabs next year.

Just weeks after ministers asked him to continue running the West Coast main line, Sir Richard has unveiled plans that could see his firm operate the East Coast service as well.

The turnaround comes only months after it appeared as if the company might be wound up after losing its West Coast service to FirstGroup.

However, last month the Department for Transport reversed the decision.