Virgin is a private provider of services. They own contracts in both the NHS under Virgin Care and in our Railways under Virgin Rail Group.
Virgin Care owns 24 GP-led provider companies that provide NHS services through networks of GP surgeries; and community-based NHS services. Virgin Rail Group operates Virgin Trains and part owns a couple of rail franchises.
Virgin Trains West Coast is owned by Virgin Rail Group (51%) and Stagecoach Group (49%). The franchise is due for renewal in 2019.
Virgin Trains East Coast is a joint venture owned by Stagecoach (90%) and Virgin Rail Group (10%) through a holding company called InterCity Railways Ltd.
The East Coast route was previously operated by the publicly-owned East Coast until 2011. In 2017 it was announced that Vtec (Virgin and Stagecoach) had failed to make the profit they expected for the franchise. Transport Secretary Chris Grayling offered Vtec a bailout and agreed to end the contract three years early. This means Vtec will now pay millions less to the UK government than initially promised.