The railway company First Trentailia is to run the main West Coast Rail Line and will be in charge of HS2 by 2026.
The joint Aberdeen based First Group and the Italian owned Trenitalia are to take over the train line as part of a 70 to 30 joint venture.
The joint group will also be in charge of the HS2 program from 2026 to 2031.
The news comes shortly after the company Virgin Trains was refused allowance to bid following a pensions contribution dispute.
In addition to the deal, First Trenitalia have promised a new force of 56 Pendolino Trains and come up with a way to introduce an environmentally friendly way to replace the diesel-powered fleet
We will have to wait until 2026 to find out if this will work but many involved are optimistic about the results.