News

The French could be running more of Britain’s transport network after state transport group Keolis/Eurostar was named one of three shortlisted bidders for the reprivatisation of the East Coast franchise.

Rising costs and subsidy cuts have combined to put the firm's fleet on a rough road

Wheels are turning slower at FirstGroup

Fewer in the North can afford its fares right now, and that's costing the buses giant as the area provides two-thirds of its revenues. Lucy Tobin looks at the prospects of the company getting back on the right route

FirstGroup plans overhaul of its bus services

FirstGroup put more of its bus services on the block today after admitting fuel costs, lower demand and reduced subsidies were hurting the division.

Leading article: If only Apple could be more like Puma

Any hope that the 21st-century, high-tech corporate giants might be more ethically aware than their older, dirtier cousins has been sadly scotched.

Global operators battle to win £2bn rail franchises

The operator of Hong Kong's metro system, the French state rail group SNCF, and the UK companies FirstGroup, National Express and Stagecoach are among 13 transport operators that have been shortlisted by the Government to run the £2bn Great Western, Thameslink and Essex Thameside train franchises.

Global operators are battling to win £2bn franchises to run trains in London

Our reformed approach will give more flexibility to operators on how they configure services

First Group prepares rail franchise bids

The Government has fired the starting gun on its £2bn train-franchising programme, asking operators to bid to run the Thameslink, Great Western and Essex Thameside routes for up to 15 years.

Theresa Villiers 'dashed Bombardier train deal hopes'

A government minister was today accused of dashing hopes of saving thousands of jobs after refusing to change a controversial decision to award a lucrative train-building contract to a German firm.

Rail revenues at FirstGroup surge

Soaring oil prices are prompting people to ditch their cars and to holiday in the UK, FirstGroup, which runs the FirstGreat Western and ScotRail train services said yesterday.

Market Report: Heritage Oil rises after takeover talk returns

Market gossips returned to an old tale last night, as vague speculation that Heritage Oil could be about to receive an approach helped it spurt up the leaderboard of the mid-tier index. Not for the first time, the reheated chatter turned towards China for possible aggressors, picking out the state-owned Cnooc once again as a prospective bidder.

Market Report: Commodities sell-off leaves Fresnillo weaker

In a session the miners will be eager to forget, Fresnillo was left at the foot of the top-tier index after commodity prices headed south in another major sell-off.

Investment Column: US move distracts from Pru's Asian gains

Bovis Homes; Firstgroup

US school buses hit profits at FirstGroup

Robust trading on UK buses and trains failed to boost FirstGroup yesterday after the transport giant revealed more pressure at its US school bus arm.

Crossrail signal speed is essential in the search for a new chief executive

The search for the next chief executive of the £15bn Heathrow-to-Essex Crossrail megaproject has moved one step closer with the appointment of City headhunter Odgers Berndtson.

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Lewis Hamilton takes pole on front of his home fans
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musicMONEY, Lonelady, Dr Meaker... Which ones have you heard of?
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Day In a Page

A
Independent Travel
Pompeii, Capri & the Bay of Naples
Seven Cities of Italy
Burgundy, the River Rhone & Provence
Prague, Budapest and Vienna
Lake Garda
Minoan Crete and Santorini
Prices correct as of 15 May 2015
The Greek referendum exposes a gaping hole at the heart of the European Union – its distinct lack of any genuine popular legitimacy

Gaping hole at the heart of the European Union

Treatment of Greece has shown up a lack of genuine legitimacy
Number of young homeless in Britain 'more than three times the official figures'

'Everything changed when I went to the hostel'

Number of young homeless people in Britain is 'more than three times the official figures'
Compton Cricket Club

Compton Cricket Club

Portraits of LA cricketers from notorious suburb to be displayed in London
London now the global money-laundering centre for the drug trade, says crime expert

Wlecome to London, drug money-laundering centre for the world

'Mexico is its heart and London is its head'
The Buddhist temple minutes from Centre Court that helps a winner keep on winning

The Buddhist temple minutes from Centre Court

It helps a winner keep on winning
Is this the future of flying: battery-powered planes made of plastic, and without flight decks?

Is this the future of flying?

Battery-powered planes made of plastic, and without flight decks
Isis are barbarians – but the Caliphate is a dream at the heart of all Muslim traditions

Isis are barbarians

but the Caliphate is an ancient Muslim ideal
The Brink's-Mat curse strikes again: three tons of stolen gold that brought only grief

Curse of Brink's Mat strikes again

Death of John 'Goldfinger' Palmer the latest killing related to 1983 heist
Greece debt crisis: 'The ministers talk to us about miracles' – why Greeks are cynical ahead of the bailout referendum

'The ministers talk to us about miracles'

Why Greeks are cynical ahead of the bailout referendum
Call of the wild: How science is learning to decode the way animals communicate

Call of the wild

How science is learning to decode the way animals communicate
Greece debt crisis: What happened to democracy when it’s a case of 'Vote Yes or else'?

'The economic collapse has happened. What is at risk now is democracy...'

If it doesn’t work in Europe, how is it supposed to work in India or the Middle East, asks Robert Fisk
The science of swearing: What lies behind the use of four-letter words?

The science of swearing

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The Real Stories of Migrant Britain: Clive fled from Zimbabwe - now it won't have him back

The Real Stories of Migrant Britain

Clive fled from Zimbabwe - now it won’t have him back
Africa on the menu: Three foodie friends want to popularise dishes from the continent

Africa on the menu

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