SO LET ME GET THIS RIGHT!

New Labour is planning to step in to run a failing private rail franchise - the East Coast Rail Service - which is a polite way to say that it's nationalising it, because National Express is in difficulty. Now National Express also runs the Stanstead Express, East Anglia and c2c - but is walking away from running the East Coast Service (which it operates as stand alone company, NXEC) yet gets to carry on running those bits of the network it can squeeze a profit from? And all at our expense?