Uncategorized
HCT Group raises £10m of capital investment
Sum more than doubles previous investment in 2010, which increased the group’s turnover by £20m HCT Group (HCT) has raised £10m of investment from institutional investors and lenders.
Investment
Bus News
First makes £20m investment in new vehicles ahead of Commonwealth Games
Delivery of the 109 new vehicles has started, forming part of a 380-strong fleet providing transport for the sporting event
Business
FirstGroup results: no dividend payout after slow progress
UK Bus sees improved profit margins and passenger numbers, though revenue and overall profits drop FirstGroup has released its preliminary results for the year to March 31, 2014.
News
Stagecoach invests in 390 new vehicles
Stagecoach Group announced on Monday (February 20) it is investing around £60m into 390 new buses and coaches for its provincial UK bus and coach networks. Further orders will be placed later in the year. […]
Coach News
New £3m facility for Leon’s Coaches of Stafford
Leon’s of Stafford has purchased a new three-acre site, which is currently being developed into a state of the art facility by builders Espleys of Stafford. The £3m investment, which was announced as this issue […]
Bus News
Arriva launches improved Scotland West network
Arriva Scotland West is introducing an improved bus network for Glasgow, Paisley, Renfrewshire and Strathclyde.
Financial
FirstGroup steady ahead of large future investment
Overall revenue grew to £3,168.8m and 1,000 buses will be on order over the next two years FirstGroup has reported overall revenue grew to £3,168.8m (up 3.2% from £3,069.9 in 2010), in its financial statement […]
