Yes Virgin have been relieved of their duties on the East Coast mainline like GNER before them.
fascinating!Transport Secretary Chris Grayling
“I will terminate Virgin Trains East Coast's contract on June 24 2018. I plan to use a period of Operator of Last Resort control to shape the new partnership. So on the same day we will start with the launch of a new long-term brand for the East Coast Main Line through the recreation of one of Britain's iconic rail brands, the London and North Eastern Railway, the LNER.