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STEADY PROGRESS AT STAGECOACH
Stagecoach, the bus and rail group led by chief executive Brian Souter, said yesterday like-for-like revenues at its UK rail business, which includes the South West Trains London commuter franchise, grew 6.9 per cent in the 40 weeks to 6 February. While sales at its UK bus unit rose 1.9 per cent, and its US coach operation saw a 8.2 per cent rise in core sales in the nine months to 31 January.