Latest news:
Regular news: Issue 595 27 Apr 2012

Translink faces financial loss

Northern Ireland's  state-run transport operator Translink faces a £23m loss over the next two years, unless services are reduced or fares are increased.

Translink has presented a corporate plan for the next three years to the Northern Ireland Assembly committee for regional development highlighting that it would lose £23m if service levels are maintained because its Government funding for 2013/14 and 2014/15 will be reduced by £25.4m.

The company is working with the...

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