Dawsongroup fires salvo at lenders
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 […]
OBITUARY: Don Broughton, Sleafordian Coaches
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 […]
‘Finance is available’: Stoke Park
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 reveals losses in 2018/19
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 […]
Arriva Bus and Coach: business as usual
Arriva Bus & Coach has reassured operators that it’s very much in business, following rumours of closure. A spokesman for the company said: “We have recently completed a planned review of Arriva Bus and Coach and are proposing to significantly downsize the business to reduce its costs. “We have now started formal consultation proceedings with […]
2020 trade show postponed a year
The industry’s biennial exhibition, Euro Bus Expo, has been postponed a full year, and its 2020 awards event cancelled. Show organiser Diversified Communications UK now says the trade show for the coach, bus and minibus sector will now be held on 26 – 28 October, 2021 at the NEC Birmingham. Bus and Coach Buyer has […]
Douglas Bailey MBE. 1941 – 2020
UK Bus Driver of the Year Association (BDoY) stalwart, Douglas Bailey MBE, has passed away, aged 79. One of BDoY’s longest-serving council members and a life-long busman, Douglas passed away peacefully at Marley Court Nursing Home Chorley on 15 May 2020, aged 79, his wife Helen at his side. Just a few weeks earlier, his […]