(16 Aug 2015, 9:02 pm)northern156 wrote I thought the current Northern franchise has a 'no growth' agreement; and that purchase of new rolling stock was in contravention to this so this is why they have always had second-hand stock. Otherwise this is probably why we've never had new stock sooner.
Sure I've read that before but I'm happy to be corrected.
I think the expectation was that it wasn't expected to make any money, so there'd be no money thrown at it. Whether that's what the franchisee submitted as a bid or not is another question.
I was referring to the next franchise though.