Rail services through part of Nottinghamshire are being brought back under public control.
Transport Secretary Chris Grayling told parliament the East Coast Main Line franchise would be halted after it made considerable losses under a private company.
The route runs from London to Edinburgh. In Notts the franchise goes through Retford and Newark, and also runs the line from Nottingham to Lincoln.
Virgin Trains East Coast – a partnership between Stagecoach and Virgin – was awarded the franchise for eight years in 2014.
But the contract will be terminated on June 24, Mr Grayling said, and the line will be re-named the London and North Eastern Railway, the LNER.
Stagecoach said it was “surprised and disappointed” that the government had decided not to proceed with proposals it had previously put forward to continue the franchise.
Railways in Britain passed from Government control to private hands over a three-year period from 1994 to 1997.
Its success or otherwise is often debated. Supporters claim it saves the taxpayer money in the long run, and improves customer service and reliability.
Opponents say it leads to higher fares than necessary, poor value for the taxpayer and questionable performance.