Service may be nationalised!
South Western Railway, which operates trains from Exeter to London's Waterloo station, has admitted it could be stripped of its franchise after posting a loss of £137-million.
In the company's accounts for December, directors say discussions are ongoing with the Department for Transport, which could see services transferred to a publicly-owned operator.
The firm says it's suffered from timetable delays and strikes.
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It's a vindictive unfair approach to taxation" says member
£3 million of devolution cash for affordable North Devon homes
More than 80 homes will be delivered
