FirstGroup’s takeover of South Western could go up against a lengthy fares probe
It will operate the network from next month with MTR but paddocks the Great Western Railway franchise, the only other train servicing between London and Exeter.
The Competition and Markets Authority said: «This is a important rail route to the South West, used by around half a million commuters a year.
It’s therefore vital that commuters do not suffer as a result of reduced competition.
«The CMA believes that without its intervention, Oldest Group may be able to increase fares for passengers between London and Exeter, as it settle upon be the only rail operator running all services on this route.»
Firstgroup at ones desire operate the Southern Western network from next month with MTR
The new franchise when one pleases invest £1.2 billion to improve journeys for passengers, boosting the troop of seats in to London Waterloo each morning by 22,000.
A Domain for Transport spokeswoman said: «The Government carefully monitors rail costs and average earnings.
«That is why regulated fares have not risen surpassing inflation for four years running.
«We are delivering the biggest rail modernisation broadcast for over a century and this franchise will deliver real metamorphoses for passengers, who can look forward to modern trains, faster journeys and a multifarious reliable service.
The new franchise will invest £1.2 billion to reform journeys for passengers
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«The new franchise will inaugurate £1.2 billion to improve journeys for passengers, boosting the number of residences in to London Waterloo each morning by 22,000.»
FirstGroup and MTR have five come to c clear up days to offer a remedy.