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.

Cosmen is key to future of National Express

Jorge Cosmen, the deputy chairman at beleaguered transport group National Express, is set to play kingmaker as rival FirstGroup continues to push for an all-share merger that would create a £2.2bn giant.

David Prosser: Green light for FirstGroup

Outlook You wait for one disaster to hit National Express and then three arrive all at one. No wonder its shares fell so sharply yesterday: stripped of a major rail franchise, a less-than-happy trading update and the loss of a chief executive; all in a day's work for the transport company everyone loves to hate.

National Express loses East Coast line

A bitter row between the Government and National Express over the terms of a key rail franchise has ended in defeat for the rail operator

Market Report: Restaurant Group shines in slow market

“The sun is shining, the public schools are finishing for the summer and the hedge funds are not moving in and out of stocks as quickly as they used to, largely because they have no money. In short, summers are getting back to how they used to be.” That was one trader’s assessment of the markets yesterday as a distinct lack of appetite among buyers and sellers saw the FTSE 100 rise by just 53 points.

National Express says no to FirstGroup

National Express has rejected an unsolicited approach from rival FirstGroup on the grounds that such discussions would be "inappropriate".

David Prosser: FirstGroup offers Adonis a cheap fare

Outlook: The combination of FirstGroup and National Express would have a stranglehold on certain types of service

Full steam ahead for local lines

Reviving branches of the railways closed decades ago could boost local economies and persuade people out of cars, train operators claim. Sarah Arnott reports

Recession is excuse for companies to ignore community conscience

Businesses, both big and small, are showing their true colours by pulling out of ethical programmes to save money. Richard Northedge reports

FirstGroup sees £50m government support for recession-hit rail

First Great Western is missing revenue target

FirstGroup poaches FD from easyJet

Firstgroup named easyJet's Jeff Carr as its new finance director yesterday.

Market update - 20 March

The FTSE 100 was 9.4 points ahead at 3826.4 while the FTSE 250 retreated to 6237.4, down 24.1 points, at around 11.46am.

Investment Column: FirstGroup moves into a smoother gear

Thomas Cook Group; Playtech

Market update - 10 February

The FTSE 100 was 27.76 points behind at 4279.85 while the FTSE 250 eased to 6569.89, down 89.79 points, at around 12:10 pm.

Investment Column: Punters need more faith in public transport

Punch Taverns; Interserve

The Week Ahead: Grim figures expected from Home Retail

City analysts are predicting further sharp falls in like-for-like sales at Argos and Homebase when their parent company Home Retail Group posts its interim management statement this Thursday.

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