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With the exception of the Caledonian Sleeper, the Westminster Government is currently responsible for cross-border franchises and receives all of the money paid by operators. This arrangement will need to be renegotiated. Negotiation will not, however, affect the day to day delivery of the franchises. Given the importance of these routes to Scotland and the rest of the UK, it will be in both countries’ interests to put in place arrangements to ensure the continued operation of cross-border services.

Source: Scotland's Future, Scottish Government, November 2013.