Branson Loses Fight to Stay in UK Railways

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Aug. 15 (Bloomberg) -- Richard Branson plans to quit the U.K. rail business after FirstGroup Plc won a contract to run Britain’s premier express route with a bid he said reflects the "insanity" of the franchise system and could end in bankruptcy. Deirdre Bolton reports on today's "Big Number" on Bloomberg Television's "In The Loop." (Source: Bloomberg)