Firstgroup

Market Report: Bargain hunters fuel Arriva's advance

The transport group Arriva raced ahead as bargain hunters piled in last night, with the stock climbing by more than 6 per cent after Goldman Sachs highlighted the "compelling valuation". The broker said the shares, which are...

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A commuter writes

FirstGroup is investing in drivers on its severely disrupted cross-London First Capital Connect rail service . FCC's reliance on drivers working overtime is a legacy of old British Rail practices. When First's finance director...

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Director Dealings: Adventis eyes best buys

Published Date: 15 November 2009 MARKETING and advertising group Adventis believes that the recession has thrown up interesting opportunities for acquisitions. Earlier this month the company, which specialises in the...

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Pledge to turn East Coast rail link into best

Nov 13 2009 by William Green, The Journal TRANSPORT Secretary Lord Adonis today declared that the East Coast rail franchise will become the “pride” of Britain under nationalisation. A transformation of Newcastle station, the...

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Train services disrupted by pay row

First Capital Connect trains between Brighton and Bedford and into London disrupted by pay row Thousands of rail passengers had their journeys disrupted this morning as services on some of the country's busiest routes were...

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Dean Finch tapped up for National Express boss

Dean Finch, the boss of London Underground maintenance company Tube Lines, has emerged as a leading contender to be the new chief executive of National Express. By Alistair Osborne, Business Editor Mr Finch, a former chief...

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Train drivers set for strike ballot

• First Capital Connect ballot threatens pre-Christmas disruption • 50 services cancelled today for lack of drivers amid pay row Train drivers on some of the country's busiest rail routes are to be balloted for strikes in a pay...

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National Express launches deeply discounted £360m rights issue

National Express, the debt-laden rail and bus operator, has launched a deeply discounted 7-for-3 rights issue to raise £360m. The company, which has faced three takeover approaches in the past few months, plans to use the money...

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Karen Boswell joins Government Rail

The Governmentcontrolled rail company that will on Friday take over National Express's East Coast franchise is today expected to appoint a second senior female manager with a track record from rival FirstGroup.

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One for Buffett

After the banks, the railways. The state's reluctant foray into the commanding heights of the economy will move a step forward on Saturday when the transport department takes control of National Express's failed £1.4bn East...

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