All the updated news related to Ahead

All the news related to Ahead updated in real time

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City

Go-Ahead suitors raise takeover offer by £22m

The bidders planning to buy Go-Ahead Group have upped their offer by more than £20 million to secure the takeover of the transport operator. Australian bus network Kinetic and Spanish transport firm Globalvia agreed to take over Go-Ahead in June for ...

04 Aug 2022 at 10:43

City

Bidder drops out of £650m race for rail operator Go-Ahead

Australia’s Kelsian has walked away from the race to buy Go-Ahead – weeks after the board picked a rival offer. The business said falling share prices in Australia tied its hands and forced the group to walk away from a potential tie-up. Kelsian is ...

21 Jul 2022 at 10:11

Govia wins Thameslink contract despite £24m Southeastern fine

Rail company Govia will continue to run the Thameslink franchise for the next three years despite being handed a multi-million pound fine for how it ran a separate franchise. The business will pocket a management fee of £8.8 million per year to ...

25 Mar 2022 at 09:25

City

Go-Ahead to pay Government up to £81.3m for Southeastern failures

Go-Ahead group’s stripping of the London Southeastern rail franchise is to cost the business around £81.3 million, the company said. Bosses revealed they expect to pay the Government £51.3 million over its failures in running the service, ...

24 Feb 2022 at 08:55

City

Go-Ahead raises profit outlook after ‘challenging’ times

Transport group Go-Ahead has hiked its full-year profit outlook as it said it was emerging from “challenging” times after the pandemic and a rail franchise scandal. The firm posted underlying operating profits of £42.6 million for the ...

27 Apr 2022 at 13:25

Football

Erik ten Hag: The former altar boy tasked with reviving Manchester United

Erik ten Hag’s journey from altar boy in his native Holland to manager of Manchester United is the culmination of a career path carefully considered and acted upon. To some Ten Hag’s appointment at Old Trafford might seem swift ...

21 Apr 2022 at 12:25

City

Deloitte under investigation by accounting watchdog over Go-Ahead audits

Accountancy giant Deloitte is being investigated by the industry watchdog over its audits for scandal-hit bus and train group Go-Ahead. The Financial Reporting Council (FRC) said it had launched a probe into Deloitte’s ...

12 Apr 2022 at 16:25

City

Go-Ahead vows to increase profits and resume dividends in strategy overhaul

Transport group Go-Ahead has pledged to resume payouts to shareholders and increase earnings as part of a business overhaul, as it recovers from the pandemic and a recent scandal over the Southeastern rail franchise. ...

05 Apr 2022 at 11:25

City

Go-Ahead pledges to hike profits and investor payouts in strategy overhaul

Transport group Go-Ahead has pledged to boost shareholder payouts and hike earnings as part of a business overhaul, as it recovers from the pandemic and a recent scandal over the Southeastern rail franchise. The ...

05 Apr 2022 at 10:25

City

Go-Ahead shares jump after £650m takeover bid agreed

Go-Ahead shares jumped after the transport company agreed to a £650 million takeover by a consortium including an Australian bus operator. The UK-listed company, which runs London’s red buses on behalf of ...

14 Jun 2022 at 09:50

City

FirstGroup profits improve on recovering passenger numbers

Bus and train operator FirstGroup has reported an increase in profits amid cost reductions and a recovery in passenger numbers. It came in an update a week after the company rejected a £1.2 billion ...

14 Jun 2022 at 16:00

City

Bus operator Go-Ahead in talks with two suitors over takeover

Transport firm Go-Ahead has received two takeover approaches which the regional bus operator said it would “be minded to” accept if a firm bid is made. Shares in the company surged by more than ...

13 Jun 2022 at 11:38

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