Northampton has seen passenger numbers rise without the need for two TOCs to compete. How come Coventry need these kind of discounts to justify its London service?
The reality is that even if you had one TOC running all services on the Birmingham - Coventry - London corridor you'd see some discounted tickets (just like on any major corridor).
So, go go back to my previous proposal:
- One TOC on all WCML services from Euston to Northampton/ Trent Valley/ Birmingham and the local EMU services in the West MIdlands
- One TOC on the London - Holyhead/ Manchester/ Liverpool/ Glasgow services with all the English FNW services
- Chiltern taking the Snow Hill services (since that'd tie up with their DMU services on that corridor)
That way you have franchises that balance the profitable intercity services with the unprofitable local ones, thus avoiding the potential for a franchise to have huge premiums (which the company might walk away from - since this is one big criticism of the WCML bids).