Stagecoach tycoon Sir Brian Souter and his sister Ann Gloag are set to pocket £85 million between them after their Megabus transport group announced it would return £340 million to shareholders... more
Passengers packing onto Stagecoach's buses and trains helped its profits rise 28% last year, but the group's boss ruled out spending some of that money on air conditioning... more
The battle for National Express got into gear today as its biggest shareholder said it has made a private-equity backed offer of 450p for the struggling trains and coach group ... more
The battle for National Express heated up today as arch-rival Stagecoach revealed that it is in exclusive talks to buy parts of the business from the consortium which has made an indicative takeover bid for the ailing bus and trains firm
... more
Revenue growth and profit margins are fast disappearing at South West Trains. But despite warnings that the business is heading toward substantial losses boss Brian Souter has awarded himself a bumper dividend... more
Transport: Transport company Stagecoach said chief executive Brian Souter and non-executive director Ann Gloag have used shares equivalent to a 4.89 pct stake in the group as collateral for personal loans... more
Transport: Stagecoach admits that its commuter train services have become a victim of the financial crisis and the loss of up to 100,000 London jobs... more
Sir George Mathewson, 68, and Sir Peter Burt, 64, who are trying to wrest control of HBOS from Lloyds TSB, should not try to kid anyone
— their motives are as much political as fiscal... more
Transport: Trains, buses and coaches group Stagecoach sees the recession driving more people from their expensive cars onto its cheaper buses and trains. ... more
Tonight:
3°c
