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Transport for London and FirstGroup to admit safety failings over tram crash

Transport for London (TfL) and FirstGroup-owned Tram Operations Limited (TOL) have indicated they will plead guilty to health and safety failings over the 2016 Croydon tram crash. Seven passengers died and 51 were injured when a tram derailed in ...

10 Jun 2022 at 12:39

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 takeover proposal from an American serial ...

14 Jun 2022 at 16:00

City

US investor tries to buy FirstGroup for up to £1.2bn

FirstGroup said that it is looking through a new takeover proposal from a serial suitor based in the US. The company said that it was the latest of a series of “unsolicited” and “conditional” proposals from Miami-headquartered I Squared ...

26 May 2022 at 11:51

Avanti West Coast handed contract extension

Train operator Avanti West Coast has been handed a short-term contract extension by the Department for Transport (DfT), the FirstGroup-owned company said. The operator has struggled with reliability and punctuality during parts of the ...

20 Mar 2023 at 10:45

City

FirstGroup upgrades profit targets as bus and train travel rebounds

Transport operator FirstGroup said profits for the year are set to surpass previous targets after a pick up in bus and train demand. The firm, which runs TransPennine Express, saw shares edge higher after it said adjusted operating ...

10 Mar 2023 at 09:11

Government accused of ‘rewarding failure’ over new Avanti West Coast contract

A Government decision to grant a short-term contract renewal to Avanti West Coast has been condemned by Labour and trade unions. The operator has struggled with reliability and punctuality during parts of the past year. It was ...

20 Mar 2023 at 17:20

City

FirstGroup stays on track despite strikes and losing TransPennine franchise

Transport giant FirstGroup has said it expects to keep results on track over the year ahead despite ongoing rail strike action and being stripped of its TransPennine Express franchise by the Government last month. The bus and ...

08 Jun 2023 at 09:09

Labour: Passengers will be ‘appalled’ at new contracts for train operators

Passengers will be “appalled” that long-term contracts have been handed to two of Britain’s least punctual train operators, according to Labour. The Department for Transport (DfT) announced that Avanti West Coast and ...

19 Sept 2023 at 15:08

TransPennine Express needs ‘fresh start’ after spate of cancellations – mayors

Train operator TransPennine Express (TPE) needs a “fresh start” after nearly a quarter of trains were cancelled between February and March, mayors in the north of England have said. The Labour mayors of West ...

17 Apr 2023 at 00:01

Avanti West Coast and CrossCountry handed new contracts

Train operators Avanti West Coast and CrossCountry have been handed long-term contract renewals, the Department for Transport (DfT) has announced. Transport Secretary Mark Harper said Avanti West Coast is ...

19 Sept 2023 at 08:35

City

FirstGroup hikes profit outlook after strong summer of travel

Transport giant FirstGroup has said it expects to make a higher yearly profit than previously thought after being boosted by a strong summer of travel. The bus and rail firm reported an increase in the ...

11 Oct 2023 at 11:28

City

FirstGroup buys London coach firm Anderson Travel

Transport giant FirstGroup has bought London coach firm Anderson Travel to boost its First Bus business. The deal – for an undisclosed sum – will see FirstGroup add around 40 coaches operating in ...

21 Oct 2024 at 08:25

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