Virgin Trains East Coast
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Virgin Trains East Coast
Virgin Trains East Coast (VTEC) (legal name East Coast Main Line Company Limited) was a train operating company in the United Kingdom that operated the InterCity East Coast franchise on the East Coast Main Line between London, Yorkshire, the North East and Scotland. It commenced operations on 1 March 2015, taking over from East Coast as a joint venture between Stagecoach (90%) and Virgin Group (10%). It was originally intended to run until 2023 and return £3.3 billion to the government in the form of franchise premiums, but, due to the line performing below VTEC's expectations, it was announced in May 2018 that the contract would be terminated early by the government; VTEC ceased operating on 23 June 2018, when operations passed to the government-owned operator, London North Eastern Railway. While the operation itself was profitable, VTEC placed part of the blame for the under-performance with respect to their franchise bid on their belief that the government had failed t ...
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Kingston Upon Hull
Kingston upon Hull, usually abbreviated to Hull, is a port city and unitary authorities of England, unitary authority in the East Riding of Yorkshire, England. It lies upon the River Hull at its confluence with the Humber Estuary, inland from the North Sea and south-east of York, the historic county town. With a population of (), it is the fourth-largest city in the Yorkshire and the Humber region after Leeds, Sheffield and Bradford. The town of Wyke on Hull was founded late in the 12th century by the monks of Meaux Abbey as a port from which to export their wool. Renamed ''Kings-town upon Hull'' in 1299, Hull had been a market town, military supply port, trading centre, fishing and whaling centre and industrial metropolis. Hull was an early theatre of battle in the First English Civil War, English Civil Wars. Its 18th-century Member of Parliament, William Wilberforce, took a prominent part in the abolition of the slave trade in Britain. More than 95% of the city was ...
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Network Rail
Network Rail Limited is the owner (via its subsidiary Network Rail Infrastructure Limited, which was known as Railtrack plc before 2002) and infrastructure manager of most of the railway network in Great Britain. Network Rail is an "arm's length" public body of the Department for Transport with no shareholders, which reinvests its income in the railways. Network Rail's main customers are the private train operating companies (TOCs), responsible for passenger transport, and freight operating companies (FOCs), who provide train services on the infrastructure that the company owns and maintains. Since 1 September 2014, Network Rail has been classified as a "public sector body". To cope with fast-increasing passenger numbers, () Network Rail has been undertaking a £38 billion programme of upgrades to the network, including Crossrail, electrification of lines and upgrading Thameslink. In May 2021, the Government announced its intent to replace Network Rail in 2023 with a n ...
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Joint Venture
A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and risks, and shared governance. Companies typically pursue joint ventures for one of four reasons: to access a new market, particularly Emerging market; to gain scale efficiencies by combining assets and operations; to share risk for major investments or projects; or to access skills and capabilities. According to Gerard Baynham of Water Street Partners, there has been much negative press about joint ventures, but objective data indicate that they may actually outperform wholly owned and controlled affiliates. He writes, "A different narrative emerged from our recent analysis of U.S. Department of Commerce (DOC) data, collected from more than 20,000 entities. According to the DOC data, foreign joint ventures of U.S. companies realized a 5.5 percent average return on assets (ROA), while those companies’ wholly owned and controlled affiliates ...
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Scotland
Scotland (, ) is a country that is part of the United Kingdom. Covering the northern third of the island of Great Britain, mainland Scotland has a border with England to the southeast and is otherwise surrounded by the Atlantic Ocean to the north and west, the North Sea to the northeast and east, and the Irish Sea to the south. It also contains more than 790 islands, principally in the archipelagos of the Hebrides and the Northern Isles. Most of the population, including the capital Edinburgh, is concentrated in the Central Belt—the plain between the Scottish Highlands and the Southern Uplands—in the Scottish Lowlands. Scotland is divided into 32 administrative subdivisions or local authorities, known as council areas. Glasgow City is the largest council area in terms of population, with Highland being the largest in terms of area. Limited self-governing power, covering matters such as education, social services and roads and transportation, is devolved from the ...
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North East England
North East England is one of nine official regions of England at the first level of ITL for statistical purposes. The region has three current administrative levels below the region level in the region; combined authority, unitary authority or metropolitan district and civil parishes. They are also multiple divisions without administrative functions; ceremonial county, emergency services ( fire-and-rescue and police), built-up areas and historic county. The most populous places in the region are Newcastle upon Tyne (city), Middlesbrough, Sunderland (city), Gateshead, Darlington and Hartlepool. Durham also has city status. History The region's historic importance is displayed by Northumberland's ancient castles, the two World Heritage Sites of Durham Cathedral and Durham Castle, and Hadrian's Wall, one of the frontiers of the Roman Empire. In fact, Roman archaeology can be found widely across the region and a special exhibition based around the Roman Fort of S ...
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Yorkshire
Yorkshire ( ; abbreviated Yorks), formally known as the County of York, is a historic county in northern England and by far the largest in the United Kingdom. Because of its large area in comparison with other English counties, functions have been undertaken over time by its subdivisions, which have also been subject to periodic reform. Throughout these changes, Yorkshire has continued to be recognised as a geographic territory and cultural region. The name is familiar and well understood across the United Kingdom and is in common use in the media and the military, and also features in the titles of current areas of civil administration such as North Yorkshire, South Yorkshire, West Yorkshire and the East Riding of Yorkshire. Within the borders of the historic county of Yorkshire are large stretches of countryside, including the Yorkshire Dales, North York Moors and Peak District national parks. Yorkshire has been nicknamed "God's Own Country" or "God's Own County" by its in ...
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East Coast Main Line
The East Coast Main Line (ECML) is a electrified railway between London and Edinburgh via Peterborough, Doncaster, York, Darlington, Durham and Newcastle. The line is a key transport artery on the eastern side of Great Britain running broadly parallel to the A1 road. The line was built during the 1840s by three railway companies, the North British Railway, the North Eastern Railway, and the Great Northern Railway. In 1923, the Railway Act of 1921 led to their amalgamation to form the London and North Eastern Railway (LNER) and the line became its primary route. The LNER competed with the London, Midland and Scottish Railway (LMS) for long-distance passenger traffic between London and Scotland. The LNER's chief engineer Sir Nigel Gresley designed iconic Pacific steam locomotives, including '' Flying Scotsman'' and ''Mallard'' which achieved a world record speed for a steam locomotive, on the Grantham-to-Peterborough section. In 1948, the railways were nationalis ...
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Train Operating Company
A train operating company (TOC) is a business operating passenger trains on the railway system of Great Britain under the collective National Rail brand. TOCs have existed since the privatisation of the network under the Railways Act 1993. There are two types of TOC: most hold franchises let by the Department for Transport through a tendering system, to operate services on certain routes for a specified duration, while a small number of open-access operators hold licences to provide supplementary services on chosen routes. These operators can run services for the duration of the licence validity. The franchised operators have changed considerably since privatisation: previous franchises have been divided, merged, re-let to new operators, or renamed. Some operators have been taken over by a government-owned operator of last resort, due either to failing expectations or to events on the rail system as a whole. The term is also sometimes used to describe companies operating pass ...
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London North Eastern Railway
London North Eastern Railway (LNER) is a British train operating company. It is owned by the DfT OLR Holdings for the Department for Transport (DfT). The company's name echoes that of the London and North Eastern Railway, one of the Big Four companies which operated between 1923 and 1948. During June 2018, LNER took over the InterCity East Coast franchise, after the previous privately owned operator Virgin Trains East Coast (VTEC) returned it to the government following sustained financial difficulties. The DfT intended for the company to operate the franchise until a new public–private partnership could be established during 2020. However, in July 2019, it was announced that LNER had been given a direct-award to run these services beyond 28 June 2020, up until 2025, making it the longest franchise on the East Coast Main Line since Great North Eastern Railway (GNER). Early on, the integration of Great Northern services into LNER's operation after the expiration of t ...
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East Coast (train Operating Company)
East Coast, the trading name of the East Coast Main Line Company, was a British train operating company running the InterCity East Coast franchise on the East Coast Main Line between London, Yorkshire, North East England, and Scotland. East Coast ran long-distance inter-city services from its Central London terminus at on two primary routes; the first to Leeds and the second to Edinburgh via Newcastle with other services reaching into Yorkshire and Northern and Central Scotland. It commenced operations on 14 November 2009 and ceased on 28 February 2015. East Coast was a subsidiary of Directly Operated Railways, formed by the Department for Transport as an operator of last resort when National Express refused to provide further financial support to its National Express East Coast (NXEC) subsidiary and consequently lost its franchise. The franchise was re-nationalised on 14 November 2009, with the day-to-day operations continuing normally on the whole. Within one year, East C ...
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Virgin Trains East Coast Vector Map (May 2015)
Virginity is the state of a person who has never engaged in sexual intercourse. The term ''virgin'' originally only referred to sexually inexperienced women, but has evolved to encompass a range of definitions, as found in traditional, modern and ethical concepts. Heterosexual individuals may or may not consider loss of virginity to occur only through penile-vaginal penetration, while people of other sexual orientations often include oral sex, anal sex, or mutual masturbation in their definitions of losing one's virginity. There are cultural and religious traditions that place special value and significance on this state, predominantly towards unmarried females, associated with notions of personal purity, honor, and worth. Like chastity, the concept of virginity has traditionally involved sexual abstinence. The concept of virginity usually involves moral or religious issues and can have consequences in terms of social status and in interpersonal relationships.See her anpages 47 ...
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