Date: 13/11/2018

Transport group reports increased losses of up to £4.6m under challenging conditions. The new boss of FirstGroup has pledged to bid for more UK rail operations despite the beleaguered transport group warning that profits in its existing rail business were in jeopardy. Matthew Gregorys appointment as chief executive was announced with immediate effect on Tuesday, as FirstGroup reported increased losses, up to £4.6m pretax for the six months to 30 September.

External links

FirstGroup's new boss to bid for more UK rail operations despite loss

The Guardian

Transport group reports increased losses of up to £4.6m under challenging conditions