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 […]
Stagecoach Group has been named the sixth most admired business in the UK in the Britain’s Most Admired Companies (BMAC) 2013 Awards, held by the BSI Group. The operator was also voted the top transport operator in the survey. Nearly 250 businesses across 26 sectors took part in the awards. Go-Ahead Group was ranked 98th […]
The past few months have seen growth in UK bus and coach registrations, reaching 623 units in November, according to the latest figures from the Society of Motor Manufacturers and Traders (SMMT). Mike Hawes, SMMT Chief Executive, said, ‘The bus and coach market has experienced a pleasing increase in the last four months, with registrations […]
John McFarlane is to replace Martin Gilbert as FirstGroup Chairman. John has joined the company’s board with immediate effect and will take on the new role from 1 January 2014, at which time Martin will retire from the board. John is Chairman of the insurance group Aviva Plc having joined the board in September 2011. […]
The news from EvoBus this week that CEO and MD, Jan Aichinger, has left the helm for, as yet undisclosed, pastures new means that Interim MD, Mike Beagrie will be the fifth to hold the position in eleven years with recruiting for a sixth already underway. The number of changes is actually one more than […]
Key notes Often key note speeches say little and merely act as a publicity vehicle for some politician. At last week’s CTA Conference there were, unusually, two key note speeches and they equally unusually did not come at the start of the Conference. They were also unusual in that they were both very good speeches. […]