Get FirstGroup PLC (FGROF:OTCPK) real-time stock quotes, news, price and financial information from CNBC. Overall revenues rose to £3.5bn in the period from £3.3bn a year earlier. The Aberdeen-based bus and train operator sees a huge fall in passengers, and losses of more than £150m. ... Get Today’s Headlines every morning and breaking news as it unfolds, right to your inbox. Resources for Media Bus services are being cut across Suffolk because of the reduced number of people using them during the coronavirus crisis. We have bus routes serving 40 of the UK’s largest towns and cities providing great value public transport for students, commuters, leisure travellers and concession travellers. FirstGroup to sell Greyhound buses in US 30 May 2019 FirstGroup signalled it is considering breaking itself up by seeking a buyer for its Greyhound buses in … An activist investor in bus and rail operator FirstGroup has claimed its board is "destructive" as it seeks to shake up the company's management team. That company's future hangs in the balance. Feinson joined Burlington-based Gardener’s Supply Company in February 1988 and became President in 1999 and CEO in 2008. Follow live updates on share prices, bonds, commodities and currencies from UK and global markets and find the latest financial news. "Trains must run on time" has been a mantra of Transport Secretary Grant Shapps since he took up his post in the summer. The competition watchdog was concerned after it found that on 21 routes, passengers would have little or no option but to choose a service run by FirstGroup, which also operates TransPennine Express. Following the loss of £290.9 million in 2018, FirstGroup has announced that it plans to separate FirstBus from FirstGroup. Real time FirstGroup (FGP) stock price quote, stock graph, news & analysis. Train companies have to try and live up to commitments they made to government under their franchising agreements. The Unite union has informed the company it intends to ballot drivers on action over service changes including reduced rest time for drivers. FirstGroup says more passengers paid with contactless and mobile apps rather than cash for the first time. Find 3 listings related to First Group America in Boston on YP.com. However, it took a charge of £124.4m as wrote down the value of the business, and this pushed its loss for the six months to 30 September to £187.1m. FirstGroup - latest news, breaking stories and comment - Evening Standard Login Register Logout FirstGroup tells activist investor to get off the bus but will its other shareholders back it? France's Keolis-Eurostar bidding for stake in Britain's railway. First Group’s bus division carries 1.6 million passengers per day across the UK. FirstGroup plc is a leading provider of transport services in the UK and North America. The company, a partnership between the Aberdeen-based First group and the Italian state-owned Trenitalia, is promising new trains and a complete refurbishment of all the 56 existing Pendolinos, and more services by 2022. The transport firm had to write down the value of its US coach business Greyhound. It's been chaotic on West Midlands Railway and London North Western Railway - both of which are run by West Midlands Trains. We provide easy and convenient mobility, improving quality of life by connecting people and communities. FirstGroup’s first-half loss compared with £4.6m in the same period a year earlier. Did you know... Keep me updated. Anyone using other public transport should check with their service provider for latest timetables, said councillor Andrew Reid. And then there is the case of Northern. Virgin ran the services linking Cumbria with Scotland and London for more than 20 years, but it was excluded from bidding for the new franchise, because its business partner, Stagecoach, didn't meet the government's pension rules. See reviews, photos, directions, phone numbers and more for First Group America locations in Boston, MA. This new look scores a hole in one. We have completed the first group of homes and have our first Grafton residents. FirstGroup sells Greyhound facilities in North America Breaking Travel News 11:07 4-Jan-21 FirstGroup sells Greyhound bus terminals for £100m BBC 14:50 31-Dec-20 FirstGroup scores on major US property disposals The Scottish Herald 12:46 31-Dec-20 The Ipswich park and ride service, run by First, will be suspended from Wednesday, said the Local Democracy Reporting Service (LDRS). FirstGroup sells Greyhound bus terminals for £100m, Singing bus driver hits right note with passengers, Video caption: Singing Bristol bus driver a hit with passengers, Singing Bristol bus driver a hit with passengers, City bus firm pilots online booking service, Transport giant First warns of 'uncertain' future, Government bails out bus firms to keep routes open, Buses cut in Suffolk as passenger levels drop, Transport giants count cost of coronavirus, FirstGroup under fresh pressure to demerge US unit, Analysis: Train operators under pressure over punctuality, New West Coast train management 'must aim high', Quote Message: The satisfaction rating is 91% at Virgin Trains, one of the best-performing companies, so that's going to be a pretty tall order to maintain that." Register your details if … First Bus has proposed alterations to 11 services, including the removal of two routes in Aberdeen. See reviews, photos, directions, phone numbers and more for First Group America locations in Taunton, MA. Read First Bus news or select your local area for news and service updates. Andy Street, the West Midlands Mayor, has given the company an ultimatum to get its house in order by the end of this month. The firm recently won the franchise to run the UK's West Coast main line in a venture with Trenitalia. ... June 7, 2018. FirstGroup’s history Read more about the growth of FirstGroup, from our roots as a local bus company in Aberdeen to the largest surface transport group in the UK and North America. Weston Development Group News. A £167m fund will cover the losses of bus companies to keep essential services running for key workers. Latest London news, business, sport, showbiz and entertainment from the London Evening Standard. Media enquiries. Connect with Facebook One theme is a tendency by train companies to try and deliver overly-ambitious timetables which they are ultimately unable to deliver. The stock was acquired at an average price of GBX 77 ($1.01) per share, with a total value of £150.92 ($197.18). Due to strong demand we have also started the installation of the Craftsman Court roadway to service the remaining homes … FirstGroup, one of the biggest British transport companies, … FirstGroup plc is a transport operator in the United Kingdom and North America. Chat About FGP Shares - Stock Quote, Charts, Trade History, Share Chat, Financial Terms Glossary. The latest breaking news, ... First Group wins approval for budget Edinburgh to London rail service. He claimed that "there is a clear disconnect between what the chairman has stated and what the CEO presented". The agreement is part of a deal with FirstGroup and TrenItalia who won the contract to operate the West Coast Rail franchise between London Euston and Glasgow or Edinburgh. Despite this, overall revenues rose 6.9% to £3.53bn. FirstGroup plc (FGP.L) (LON:FGP) insider Ryan Mangold acquired 196 shares of the company’s stock in a transaction dated Monday, January 11th. Vermont Business Magazine Gardener’s Supply Company, one of the nation’s largest multi-channel marketers of gardening products and accessories, has announced that Jim Feinson, CEO, has stepped down as of the end of 2020. FirstGroup activist wins Schroders’ backing to oust chair. Business News. Robert Talbot of the Lakes Line User Group says Virgin has set the bar high. Leading developer reveals foundation stone of iconic Dubai Marina property, which will set a new global hospitality benchmark when it opens in 2023, is close... Aug 11, 2020 Stagecoach and FirstGroup step up efforts to mitigate the impact of the pandemic on their businesses. Find 5 listings related to First Group America in Taunton on YP.com. The transport giant sells three major properties in North America in order to "rationalise" its portfolio. The UK's competition regulator says franchise winner FirstGroup is the sole operator on several routes. An activist investor is calling for the transport group to separate off its North American operations. Company profile page for FirstGroup America Inc including stock price, company news, press releases, executives, board members, and contact information Passengers on that network had a torrid time in the autumn and say things have only slightly improved since then. Financial News Articles for Firstgroup Plc Ord 5P updated throughout the day. Under his leadership, the company … The CMA said today: "For both West Coast Rail and TransPennine Express services these include caps on unregulated fares and maintaining the same availability of cheaper advance tickets for all 21 routes that raise competition issues.". US hedge fund Coast Capital has become the biggest shareholder in the bus and rail operator. Season ticket holders there have already been given a rebate so their fares don't increase this year. The opposite has been true on parts of the UK's railways so far this winter. Shares in FirstGroup have slumped by 20% in midday trading, to 103 pence, after it announced a big half-year loss. "The changes to timetables aim to balance the reduced levels of passenger usage as people follow the new instructions to stay at home with the need to reduce the number of people required to run transport services.". The story of the West Coast rail fiasco, Lucy Tobin: FirstGroup shares could hit the buffers over threat to, Market Report: Snake anti-venom puts bite into BTG, 'A terrible mistake': Taxpayer to foot £40 million bill over, Virgin Trains to mount last-ditch legal challenge over West Coast main, Virgin plans legal fight for West Coast train line, Leading article: Even a mega-star like Sir Richard Branson must, Sir Richard Branson offers to run trains for free, Sir Richard Branson offers to temporarily run the West Coast Main Line, Celebrities including Lord Sugar and Jamie Oliver back u-turn on, Leading article: Rail contracts are on the wrong track, Sir Richard Branson condemns rail bid process as Virgin Rail loses, FirstGroup's East Coast bid referred but Virgin cleared, FirstGroup plans overhaul of its bus services, Leading article: If only Apple could be more like Puma, Global operators battle to win £2bn rail franchises, Global operators are battling to win £2bn franchises to run trains in, Theresa Villiers 'dashed Bombardier train deal hopes', Market Report: Second-line rail companies could be next bid target, Market Report: RBS bucks weak banking sector trend, Former Man Utd boss wrote to support disgraced financier, Market Report: Housing in focus as Footsie runs out of steam, Investment Column: FirstGroup can travel further, Business Diary: EasyJet lands its latest arrival, The Week Ahead: Grim figures expected from Home Retail, Hold the tartan! ... 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