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Issue 651 - 11 July 2014: Business Briefing

O’Toole’s £2m pay award angers FirstGroup investors
Andrew Forster

FirstGroup's management are braced for fierce criticism of chief executive Tim O’Toole’s £2m remuneration package at the Annual General Meeting next week. O’Toole is in line to receive £1.986m... continue


Keolis Amey wins DLR
Keolis Amey Docklands, a 70:30 joint venture company, has been awarded the franchise to run the Docklands Light Railway, ousting current incumbent... continue

Arup/URS win roads reform advice
Consultants Arup and URS have won a £1m contract from the DfT to provide technical advice and support for the development of the roads reform... continue

Councils’ shared parking contract
The London boroughs of Bromley and Bexley are planning to procure a shared parking services contract, which would take effect from October 2016.... continue

Belfast transport hub designers
The Northern Ireland Executive has appointed a design team to develop plans for a new public transport interchange in Belfast on the site of the... continue

TSS opens UK office
Software developer Transport Simulation Systems (TSS), the company behind the Aimsun and Aumsun online traffic software, has opened a UK office in... continue

Deloitte advises TfL on revenue growth
Consultant Deloitte has won a £1.98m contract from Transport for London to assist in enhancing its commercial revenue generation. The contract... continue