Chancellor of the Exchequer, George Osborne, has made his Autumn Statement, an update on the Government’s plans for the economy based on the latest forecasts from the Office for Budget Responsibility. One of the main points of the report was that growth forecasts for this year more than doubled from 0.6% to 1.4%, for next […]
Stagecoach operated Sheffield Supertram tracks are set to be replaced thanks to a £5m improvements package from the DfT. South Yorkshire PTE (SYPTE) is set to receive the money for the enhancement project. The works will be delivered by SYPTE in partnership with Stagecoach and Sheffield City Council. The investment was announced by Transport Minister, […]
Arriva North East has upgraded its 7 service between Darlington and Durham which has become the latest manifestation of Sapphire, the operator’s premium brand. The 11 new Wrightbus Eclipse 2 Volvos used on the route were officially unveiled at Walworth Castle to the fanfare of a firework and lighting display. They represent an investment of […]
Stagecoach North East’s Walkergate depot in Newcastle is celebrating ten years since opening. The site is home to 105 buses, including 26 hybrids, which carry an average of 20m passengers a year across Newcastle covering almost 5m miles. Throughout the ten year period the depot’s vehicles have been completely replaced at least once and they […]
HRH The Princess Royal has praised the work of Aspire, the Chartered Institute of Logistics and Transport (CILT) careers foundation, in enabling people in developing countries to further their career in transport. She also commended the CILT in promoting its international message and praised the organisation’s new international branding, which unifies its aims and standards […]
TfL has set out its priorities up to 2020/21 in its draft Business Plan. It sets out £16bn of efficiencies and savings being made across TfL to support billions of pounds of investment in transforming the transport network. Among the key improvements are 1,700 hybrid buses, including 600 New Bus for Londons (NBfLs). It also […]
Stagecoach founder Sir Brian Souter’s family investment office, Souter Investments, has recruited two investment executives. Keith Barclay joins from Blas, the Edinburgh based corporate finance advisory boutique. He is a qualified lawyer having previously worked for Shepherd & Wedderburn. Maurice Shamash joins from Lloyds Banking Group where he was an Assistant Manager with responsibility for […]
First Glasgow has officially unveiled the ten acre site that in 2014 will become home to the company’s new £20m bus depot and headquarters at Gushetfaulds on the south side of the city. According to the operator, the new facility will be the biggest bus depot in the UK, with space for up to 450 […]