Latest news:
Business Comment Lead Story: Issue 352 19 Dec 2008

If the recession bites hard, could NXEC be first casualty?

On the face of it, the National Express East Coast franchise looks in deep trouble. For the first 40 weeks of the year the franchise had been ticking along nicely recording growth of 11%, only to drop off the edge of a cliff. In the past two to three months, growth of just 2% or possibly 4% has been recorded depending on whether dates from NEG’s latest trading statement or the company’s financial public relations team are correct. Either way it’s a grim statistic.

According to...

Add a comment