Mikey C
Established Member
- Joined
- 11 Feb 2013
- Messages
- 6,850
If the government required the new franchises to take some sort of pension cost within the new franchise, surely it is totally reasonable for the companies who have not complied with this requirement have their bids declined?
What possible legal points would stagecoach have if they appealed?
Stagecoach's gripe I think is that the potential cost isn't defined, thus making holding rail franchises much more risky financially as the amount is unknown