The recession is beginning to make itself felt in the rail industry after Stagecoach followed National Express in announcing that it would be making redundancies.
Announcing its interim results this week, the Perth-based group revealed that it will cut jobs to ensure that its rail business remains competitive in deteriorating economic conditions.
Stagecoach, which owns South West Trains and East Midlands Trains, and has a 49% stake in Virgin West Coast, has not said which jobs it will cut...
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