FirstGroup

FirstGroup is one of Britain’s largest transport companies, operating bus services, passenger and freight rail services in the UK and yellow school bus and other services in the US. The group’s UK rail interests include First Great Western, TransPennine Express, Hull Trains, First Great Western Link, First North Western and GB Railfreight.

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Low-cost rail service Lumo inaugurated this morning its first London to Edinburgh service, with an inaugural train departing at 10.45am

October 21, 2021
First Group sinks to £187m loss after Greyhound charge

Transport firm FirstGroup has agreed the sale of its US long-distance coaches business Greyhound Lines to European coach and rail

October 21, 2021

Shares in transport operator First Group rose 4.0 per cent this morning as the firm confirmed it would return £500m

September 13, 2021
First Group's chief executive Matthew Gregory has this morning announced he will leave the company after the firm's AGM, a day after the company's biggest shareholder demanded his resignation.

First Group’s chief executive Matthew Gregory has this morning announced he will leave the company after the firm’s AGM, a

July 27, 2021
“The successful sale of First Student and First Transit achieved a full strategic value that looks beyond the pandemic. The transaction, now approved by a majority of shareholders, enables the Group to return £500m of value to all shareholders, address its long-standing liabilities and make a substantial contribution to the pension scheme deficits. We consistently engage on a variety of topics with all our major shareholders. We have carefully considered Coast Capital’s various outline and initial ideas for the business over time.”

Coast Capital has this morning reignited its ongoing battle with First Group by calling for the resignation of the FTSE

July 26, 2021
The Liberal Democrats have written to the government to complain over rail operator First Group's handling of customer complaints.

The Liberal Democrats have written to the government to complain over rail operator First Group’s handling of customer complaints. Sarah

July 13, 2021
“The successful sale of First Student and First Transit achieved a full strategic value that looks beyond the pandemic. The transaction, now approved by a majority of shareholders, enables the Group to return £500m of value to all shareholders, address its long-standing liabilities and make a substantial contribution to the pension scheme deficits. We consistently engage on a variety of topics with all our major shareholders. We have carefully considered Coast Capital’s various outline and initial ideas for the business over time.”

Shareholders have this afternoon narrowly approved the sale of First Group’s US operations to Scandinavian fund EQT despite a strident

May 27, 2021
“The successful sale of First Student and First Transit achieved a full strategic value that looks beyond the pandemic. The transaction, now approved by a majority of shareholders, enables the Group to return £500m of value to all shareholders, address its long-standing liabilities and make a substantial contribution to the pension scheme deficits. We consistently engage on a variety of topics with all our major shareholders. We have carefully considered Coast Capital’s various outline and initial ideas for the business over time.”

Private equity firm Coast Capital has today doubled down on its campaign against the sale of First Group’s two American

May 24, 2021
First Group has this morning agreed new contracts to continue running South Western Railway and the Transpennine Express.

First Group has this morning agreed new contracts to continue running South Western Railway and the Transpennine Express. The new

May 20, 2021
Coast Capital has renewed its attempts to engineer a break-up of transport operator First Group, saying it will try to force an emergency general meeting of shareholders unless the group announces a separation.

Union Unite has spoken out against FirstGroup’s biggest investor, which wants to see proceeds for a recent sale at First

May 10, 2021
“The successful sale of First Student and First Transit achieved a full strategic value that looks beyond the pandemic. The transaction, now approved by a majority of shareholders, enables the Group to return £500m of value to all shareholders, address its long-standing liabilities and make a substantial contribution to the pension scheme deficits. We consistently engage on a variety of topics with all our major shareholders. We have carefully considered Coast Capital’s various outline and initial ideas for the business over time.”

Train and bus operator FirstGroup has announced this morning the sale of two of its US divisions for £3.3bn to

April 23, 2021
A former Transport for London (TfL) board member has written to the boss of the UK’s rail accident investigation agency demanding that the body revise the conclusions of its report on 2016’s fatal Croydon tram crash.

Transport for London (TfL) was considering cancelling Tram Operations Limited’s (TOL) contract to run the Croydon tram network in the

January 12, 2021

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