51% in fact, with Stagey being 49%, thus what Virgin said went. Of course Virgin did preside over some pretty whacking walk up fare rises too, but as they mostly only affected business travellers the impact wasn't the same.
The 2019 Virgin/Stagecoach/SNCF bid for ICWC was only 10% Virgin - it would have been a Stagecoach operation.
Although he was undoubtedly upset at the time for being booted out of the bidding and the VT termination, I expect SRB is quietly content with leaving what turned out to be a complete shambles (Covid + Avanti + nationalisation + HS2 debacle).
Though he was a Labour supporter when it suited him.
I highly doubt Horne is doing this off his own bat, and even if he is the government doesn't have to let him withdraw previously regulated fares.
Actual civil servants will be implementing government policy, which elected politicians are responsible for.
There's such a thing as the GBR Transition Team, who have been planning the changes for when GBR starts up properly.
The LNER fares thing is part of that.
So while there will be civil service involvement, much of it will be by professional rail people (the ones everybody says should be in charge).
Yes, government policy comes into it and that might change, or not.
I seem to remember it was a Labour government which gave us RPI+x as a fares formula, and wanted passenger to pay a higher proportion of the industry costs.