HMRC has reminded businesses that the Coronavirus Job Retention Scheme changes in September, with employees only getting 70% of wages while furloughed. From 1 September the CJRS will reduce to only pay 70% of the usual wages (up to a cap of £2,187.50 per month) for the hours a furloughed employee does not work. Employees […]
The Confederation of Passenger Transport is believed to be condensing its regional system to just three areas, and asking its current regional managers to apply for the posts. An industry insider said that all regional managers are now on consultation notice, ending 4 September, with a new regional structure based on traffic areas. The structure […]
Celebrating 20 years of the hop-on hop-off tourist service round the sights of York, Transdev has introduced a new fleet of upgraded ADL Enviro 400s converted to high specification open-top vehicles by Thorntons Bus Refurbishment. With a live guide or the choice of nine languages, they support the newly introduced 15minute frequency to safely support […]
Asset finance company, Dawsongroup Finance has said that lenders rejecting finance for businesses who accepted a coronavirus payment break are preventing the UK from making an economic recovery. Businesses who took up the option of a three-month payment break during the coronavirus lockdown should not be penalised or disadvantaged for taking the break when now […]
The co-founder of Sleafordian Coaches, the Lincolnshire coach and bus operation, Don Broughton, has died aged 81. Don was a family man and, alongside his wife Jean, was keen that their business should continue to thrive and create a legacy for his children and grandchildren; he was so proud of the arrival of his great […]
One of the industry’s best-known finance brokers, Stoke Park Finance, has reassured operators that, as income streams become available, vehicle finance is being offered. Amid concern that confidence in lending has been impacted by the downturn in bus and coach business, Sarah Hardiman – Stoke Park Director – told Bus and Coach Buyer that vehicle […]
HCT Group, the former Hackney Community Transport not-for-profit, has posted losses of almost £1.5 million, and breached its covenants, having recorded a £0.89m profit in 2017/18. The annual report also reveals that last year, a ‘cyberattack’ managed to destroy all of its financial data, leaving it to recreate it own figures. In law, companies are […]
