Competition Commission Probe Train Leasing

The Competition Commission's inquiry into the alleged anti-competitive activities of the trio of banks which between them own all of the country's train carriages was widened yesterday to include the Department for Transport.

In what it called an "Emerging Thinking" report the watchdog said it would look into allegations by rolling stock companies that the DfT's franchising system was too prescriptive and can have the effect of restricting competition by giving train operating companies little choice of which rolling stock to use.