Lothian Buses ‘moving on’
Lothian Buses is ‘moving on’ after a report by auditors KPMG was published clearing the operator of any wrongdoing in its handling of a dispute between the operator’s directors. The row started last year when deputies of its CEO, Ian Craig, filed grievances against him. The report said there was a ‘well-defined and clear approach to the governance by the City of Edinburgh Council (CEC) over its subsidiary Lothian Buses’.
Council Leader, Andrew Burns, said, ‘KPMG’s independent report provides a comprehensive analysis of events, demonstrating that the Council, as majority shareholder, acted consistently and in accordance with the proper governance procedures set out in the shareholder agreement relating to Lothian Buses. We welcome its findings and now look to focus on the future continued success of Lothian Buses.’
General Manager of Lothian Buses, Jim McFarlane, said, ‘Our interim arrangements are working well and Lothian Buses is moving on from what was clearly a very difficult period. Our people coped very well with the challenges at the end of last year. As a consequence of their commitment, the business continues to perform well, with patronage high and revenues healthy. At the end of 2014 the company reported an increase of 3m passengers over 2013 which was complimented by a further three million new passengers on Edinburgh Trams. Demand for public transport in Edinburgh is clearly on the up and our focus is now squarely on increasing that demand further and delivering quality services to existing and new customers.’