Virgin trains plans to launch new service between Liverpool and London
Virgin Trains has said it wants to launch a new hourly train service between Liverpool and London.
The firm said it wants to launch the new service when it loses the West Coast Mainline franchise next year.
Virgin has been told by the government it is not allowed to bid for the franchise because it did not meet pension rules.
It is now looking highly likely a Chinese led consortium will take over the franchise.
Virgin said its fares will be "at least 10% cheaper" than its rivals and a reservation-only model would mean all ... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...