Wrexham & Shropshire - How they went Bankrupt!? | Failed Franchises #5 - W&S

Hello & welcome to the fith episode of Failed Franchises. In this series I look at train companies that have failed at their franchise agreements or have been criticised by passengers & industry alike. However, today we are looking at an operator that ran out of money - Wrexham & Shropshire; the only Open Access Operator in Britain to have ceased operations. But why did it, and is there any hope of a similar company restarting soon?

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References:
Wikipedia (and accreditted sources)
BBC
The Guardian
Sky News
ITV News
Rail Gazette
Department For Transport
ORR
RMT
The Telegraph
The Standard
WSMR website

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