maybe, or maybe not. Time will tell, but press coverage hasn't been very supportive in the east midlands so far. The consultation on the new franchise seemed to offer less - some stops and services cut from Melton, Oakham, Bedford, Luton and lack of direct services from some of these to Derby, Nottingham, Leicester and Sheffield. So why will a fleet of new bi-modes and service reductions be welcomed, when the all the communities on the network had previously been promised quieter, faster, more reliable electric trains? Although electric wires may look obtrusive, they are a very permanent reminder of the investment along the whole route. My view is that shiney trains don't have the same impact.
Well let's deal with each of those in turn, because there's several factors.
Oakham and Melton started to get a couple of direct services, primarily to retain route knowledge as the Manton route is EMT's diversion when there's engineering between Kettering & Leicester. Paradoxically, the electrification to Corby makes these services less viable because the Corby's will become a self-contained diagram rather than part of the Nottingham / Sheffield diagrams.
I suspect there *may* be a couple of services retained via Manton because route knowledge needs to be maintained, but they've never been planned as for development.
Bedford & Luton: as discussed many times, the key flow for them is London. The challenge is EMT's services have been used by huge numbers from Luton or Bedford, which causes overcrowding for people travelling in from further afield. If you look at the other lines into London, I can't think of one which has two stops quite so close to London. The ECML has Stevenage (about the same distance as Luton) or Peterborough (much further than Bedford), the WCML only really has MKC now - Watford Junction having lost most of its Inter City services. After that it's Rugby - which is about as far out as Kettering.
Luton Airport does justify some form of link from the East Midlands for practical purposes, but the reality is Bedford probably doesn't - in that sense it's likely to see the same fate as places like Northampton or Huntingdon - i.e. suburban based services with the interchange onto long distance being further out. Kettering is likely to be the beneficiary, but that's the luck of geography as it's where the lines to Corby & Leicester diverge and there it will be about maintaining the link there.
A good number of the journey time improvements could be achieved with infrastructure works - Market Harborough is already planned to be dealt with - there are other pinch points which can be improved. Electrics offer better acceleration, which due to the current EMT stopping pattern is part of the problem. If fewer Leicester and beyond services are stopping at Luton, Bedford and Wellingborough - that will shave several minutes from the overall journey time without the need to electrify.
If Luton, Bedford and Wellingborough are getting a half-hourly 2+2 seated 8 car EMU, the chances of getting a seat are much increased. The journey time is unlikely to be any different to that offered by a Meridian as an EMU will accelerate more quickly - offsetting the lower 100mph top speed. Yes, they may lose connectivity to Leicester and beyond, but if the timetabling is sensible i.e. a 5 minute wait at Kettering, the impact will be minimal.