Taxpayers could end up out of pocket because not enough private firms want to bid to run rail franchises in England and Wales, MPs have warned.
A lack of competition between companies bidding to operate routes could mean the government struggles to get value for money, a report by the Public Accounts Committee said. MPs said it was "not clear" when rail users will see higher quality services.
The government has shortlisted two train firms as it narrows down the list of potential winners of the South Western franchise competition. First South Western Trains and Stagecoach South West have made it to the final stage to secure the contract for one of the busiest routes in the country. Bidders will now need to demonstrate how they will "deliver better journeys for passengers", the Department for Transport said.
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