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Virgin to fight franchise loss
VIRGIN Trains is preparing to mount a legal challenge to its expected loss of the West Coast main line franchise this week.
The Department for Transport is ready to announce as soon as tomorrow that FirstGroup has won the £6bn-plus franchise, which will run from December 2012 to March 2026.
Virgin Trains has run the London to Glasgow route since 1997, but is believed to have lost out to First, which tabled a bid around £1bn better than its rivals.