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LEK supported East Coast bid

London: L.E.K. Consulting, the global management consulting firm, provided commercial bid support to Stagecoach and Virgin as part of their winning bid for the UK InterCity East Coast rail franchise. The new franchise, which runs from March 2015 to March 2023, will see Stagecoach and Virgin promise to deliver new services and faster, more frequent journeys, while taxpayers are supposed to benefit from significant increases in premium payments to government. L.E.K. led the passenger demand and revenue forecasting and modelling that underpinned Stagecoach and Virgin's commercial proposition.

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