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UK train operator will move into government hands after one in six services were cancelled in March
Intercity group wins second temporary renewal as government hails ‘very significant’ improvement
UK transport company says bus passenger numbers rose to 83% of 2020 levels
Passenger complaints against Transpennine Express double in last quarter triggering calls for urgent intervention
Troubled train operator angered passengers and politicians with slashed services
Avanti managing director Phil Whittingham will leave the company on September 15
UK’s biggest train operator says proposal from I Squared Capital ‘significantly undervalues’ business
Aberdeen-based bus and train operator’s stock rises 8% after unsolicited bid from I Squared Capital
Profits rise at Deutsche Bank and Santander while Microsoft and Google report revenue surge
FlixMobility agrees deal with FirstGroup as it seeks to be America’s number one coach travel provider
Activist investor Coast had called for change of CEO as bus and train company focuses on UK
Matthew Gregory to depart after Coast Capital’s objections to sale of company’s US bus businesses and call for new leadership
Largest shareholders said £3.3bn disposal to private equity undervalued business
Timing is more important than Coast admits
Coast Capital threatens legal action over sale of transport operator’s US bus business
Coast Capital said transport operator’s deal undervalued bus business and ‘stinks to the heavens’
Shareholders need to keep a tight grip on this ride; dividends remain a distant prospect
Swedish private equity fund to run thousands of yellow school buses
British transport company remains in talks to sell North American business to pay down debt
Vulnerable companies should not expect a return to business as usual
Forecast comes as passengers slowly return and state support bolsters the business
Britain’s four biggest bus groups are losing value as fast as they are losing customers
Rail and bus company struggles from lack of clarity over state support as it worries over pace of recovery in transport sector
Transport group also expects its Greyhound bus service to receive US financial support
Awarding of franchises allows skeleton services to continue on Southeastern and Great Western lines
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