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Virgin Trains sees revenue soar to £753m amid passenger growth

VIRGIN Trains saw its revenue from fares increase 11% to £753 million last year, amid continuing passenger growth on services between Scotland and London.

The company said its above-expected earnings will mean it will pay £110m to the Government as part of its franchise deal to operate passenger services on the West Coast Main Line.

Passenger numbers have grown from 13.6 million a year when Virgin Trains took over the West Coast franchise 14 years ago, to 28 million, thanks largely to a £9 billion upgrade completed in 2009.

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