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FirstGroup plc

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FirstGroup is savaged by loss at Greyhound

04.11.09
FirstGroup is hoping its dog of an American inter-city coach business picks up over Thanksgiving, Christmas and New Year after recession-hit Greyhound was found to have eaten into its British parent’s profits ... more

Break-up fear for National Express as takeover dies

16.10.09
The future of stricken National Express was in doubt as a £1.7 billion rescue takeover offer fell apart and speculation mounted that the biggest brand in British transport is set to be broken up... more

Unilever tipped to spring a surprise with Cadbury bid

16.10.09
Household-brands supremo Unilever could launch a surprise bid for Cadbury, trouncing America’s mighty Kraft and setting it on an ambitious new phase of growth... more

Watchdog set to probe 'high' local bus fares

20.08.09
Britain's £3.6 billion-a-year local buses industry is to be referred to the competition watchdog after it was claimed that restricted competition on many routes has almost certainly made fares too high... more

Who used to be a millionaire?

20.08.09
According to C4’s Secret Millionaire in November 2007, Chek Whyte was “one of the richest men in England”. To ram home the message, we were shown a yacht and a manor house, which contained leather-bound books bought “by the yard” for decoration... more

Greyhound bus to launch in London with £1 fares to coast

19.08.09
Greyhound bus is coming to Britain for the first time in its 95-year history — although it will serve rather more prosaic routes between Victoria and the south coast... more

Off-peak fares soar on First Great Western

13.08.09
... more

Citi’s upbeat earnings view keeps the Footsie buoyant

23.07.09
The end of the global earnings recession is in sight, according to heavy-hitting broker Citigroup ... more

Spanish shareholder may swoop on National Express

23.07.09
A takeover bid for National Express could emerge from its largest shareholder, the Cosmen family from Spain, which owns just under 20% of the beleaguered rail and coach company ... more

Virgin chief: I knew about BA price fixing

14.07.09
The British Airways-Virgin Atlantic price-fixing scandal went right to the top of Virgin as well, it has emerged ... more

Station by station

01.07.09
... more

National Express may face hostile bid from FirstGroup

29.06.09
National Express could fall to a hostile bidder or a defensive merger with a rival after the opening shot in what could be a series of takeover battles in the train and bus industry... more

Looking down the line: a return ticket to the railway system we once had?

29.06.09
If National Express were forced into the arms of FirstGroup or were to opt for a defensive merger with one of the other big five British train companies, it would be vindication for all those who criticised the great 1990s sell-off of the railways.... more

FirstGroup boss takes a pay cut

12.06.09
FirstGroup, which runs First Great Western Trains as well as lots of London buses, has slashed its chief executive’s pay by a fifth after profits fell 21% last year... more

FirstGroup boss takes a pay cut

12.06.09
FirstGroup, which runs First Great Western Trains as well as lots of London buses, has slashed its chief executive’s pay by a fifth after profits fell 21% last year... more

Housebuilders suffering as time is called on their rally

28.05.09
The rally among UK housebuilders, which has carried them 33% higher since hitting a low point in March, appears to be over... more

C&W leads fallers as City sentiment begins to wane

21.05.09
Cable & Wireless was London's biggest dud today as its house broker reined in forecasts for the coming year... more

Revealed: FirstGroup's secret £50m bailout from taxpayer

13.05.09
First Great Western, the much-criticised Paddington-based train company, has received a secret £50 million bailout from the taxpayer ... more

Finance and property firms face chop from the Footsie

10.03.09
Such has been the pace and the scale of the stock market sell-off since the start of the year that the profile of the benchmark FTSE 100 index is set for another major makeover... more

Goldman Sachs signals a rail and buses slowdown

04.02.09
... more

FirstGroup slows in Britain and the US

14.01.09
Transport: Shares in FirstGroup plunged to a three-year low as the credit crunch bit on both sides of the Atlantic... more

Market report: Broker sees steam going out of big train operators

05.12.08
Train operators must face up to the ill-effects of rising unemployment and deteriorating economic conditions... more

Market report: UBS makes a brave call for big Footsie recovery

03.12.08
City big-hitter UBS forecasts a major recovery in share prices in 2009 despite warnings that the recession will be long and deep, and run into 2010... more

FirstGroup defies the gloom with 44% more

05.11.08
Transport: Britain's biggest passenger transport combine, FirstGroup, declared itself recession-proof as it delivered a 44% leap in profits... more

City job cuts ‘to hit Go-Ahead

23.09.08
Transport: Go-Ahead group shares are set to come under pressure because it appears most exposed to the financial downturn... more

As fuel costs soar, people shift from cars to trains and buses

11.07.08
Statistics from the Department for Transport indicate the rate of car usage has fallen every quarter in the last year. But why?... more

FirstGroup puts Boris on the bus route

14.05.08
Mayor Boris Johnson was warned the Routemaster is not the answer to London's bus problems by leading operator FirstGroup... more

'No sack for bus bosses'

27.03.08
Boris Johnson's campaign team today denied claims he was set to sack current Tube and bus bosses and replace them with private sector figures if he is elected... more

£29m penalty for worst performing rail firm

26.02.08
The country's worst performing rail company, First Great Western, has been ordered to hire new drivers, guards and engineers, pay passengers more compensation and cut fares... more

Boss of worst rail service: It'll take time to improve

22.02.08
The boss of Britain's worst rail service has admitted the company did not know what it was letting itself in for when it won the franchise... more

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