Paul Corfield wrote:

Over the life of the franchise, seven years and four months, the
DfT will receive a premium of £133m from Stagecoach Midland Rail
Limited.

and

Stagecoach Midland Rail Limited have indicated they may wish
to raise unregulated fares annually by an average of 3.4% above
inflation.

Once again, we see the magic of the franchise bidding system at work.
Promise a huge premium to win the bid, then get the customers to foot
the bill for it.
--
http://gallery120232.fotopic.net/p9632849.html
(33 051 at Eastleigh, Apr 1985)